Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Pádraig Ó Ríordáin:

No, absolutely. There was absolutely a general urgency that everything needed to get done and the preparation that needed to get done, that it needed to get done as soon as possible so, you know, over those days we all worked as a team, not just our firm but, as a team, worked extremely hard over those days. We didn't know precisely when, you know, the work that we were doing would be needed, but we knew that there was a decent chance it would be needed imminently. And obviously the function of the Department of Finance at the time, who we were advising, was to make sure, I suppose, that they had the options in place in terms of any Government decisions that might be made and we were working to that.

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