Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Paul Gallagher:

As I understood it, we had made it clear. And I think I remember, and I could be wrong in this because things fuse in your mind, I was certainly present when Minister Lenihan spoke to Commissioner Rehn that night, after I think I went over to his office. It may have been mentioned, but there was also some other mention about the IMF were looking for some legal priority that ... I didn't understand how they had it and I wanted to try and understand that, and I spoke with the IMF later that night, and it may have been mentioned then but it was quite clear that was not on the table and that was not something Ireland was going to agree to.

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