Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Paul Gallagher:

Well, no that's not correct in the strict sense and let me clarify, because the word "resolution" is used very loosely. Any resolution measure which means finding a solution to a failing bank and managing that was proposed by Finance, and they were extensive and I will outline them in a moment, each of those were sent to my office, were reviewed and there was no legal impediment.

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