Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Yes, okay. Can I ask you, the National Treasury Management Agency made clear to us that they left nobody in any doubt but that they were not, if you like, happy with the state of Irish banks between 2007 and 2008 and didn't place deposits with those banks, unless directly instructed by the Minister. Was that a matter that came to the Central Bank or the Financial Regulator that the NTMA was not putting deposits into Irish Banks ... particularly into Anglo as it was described as a "broken model" by the NTMA?

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