Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

But can I make quick reference, Chairman, to page 95 of Vol. 3, which is effectively David Doyle's testimony to Mr. Wright, where he says:

The pace of economic activity was strong 2001-2006 but the Department did not believe that this could continue. In 2005/6 the Minister was advised ... the country was depending on unsustainable tax revenues [and] that the economy had ... dramatically overheated.

You would have been aware of that advice, Mr. Ahern?

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