Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael O'Flynn:

No, I've already explained to the inquiry that we set about to repay all our loans. Our business plan was rejected and I've never made a secret of the fact that I, given that our plan was rejected, I was quite keen to exit NAMA because I couldn't see any future in a structure that didn't allow me to apply my business and work my way out of all my loans.

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