Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Paul Gallagher:

That was over that period. And, for example, one of the things that was looked at was secured lending - the Minister providing secure lending through the NTMA. The issue of transferring assets from banks was looked at and, indeed, was provided for in the draft Bill that was available that night - these are all methods of resolution. So any method of resolution that was furnished to my office was looked at, assessed and there was no legal impediment.

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