Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Thank you very much, Deputy. I'm going to bring matters to a wrap-up. I'm want to deal with a couple of items with you ... and maybe if I can just take a different sort of aspect to the earlier question Deputy Doherty asked, Mr. Mulryan, when you said that ... or you were giving evidence that there was a lot of ... more people came into the construction business, people without a history in the area and the expertise and all that goes with that. Given that this inquiry is about going into the future as much about the past, do you have a view as to how the corporate structure of significant development companies that would have tens and hundreds of millions of euros in investments and that ... there is, kind of, a counter approach, and it's been said in some testimony here, that corporations ... or that operations of that size are usually corporations that have shareholders and stuff, it just wouldn't be a person by limited guarantee? Would you have a view on what type of ... sort of model would-----

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