Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Okay. And if I can maybe just come back to what I was speaking to yourself Ms Harney, just give me one moment there and I'll deal with it. It's in regard to, yes ... I'll just bring up some documentation ... this is just a reflection of a series of correspondence that took place between yourself and then Minister for Finance, Charlie McCreevy. And the question kind of relates to the reorganisation of the Central Bank and the creation of IFSRA and the establishment of the Irish financial regulatory office and so forth. Maybe if you could just maybe expand upon this Ms Harney that, as Minister for Enterprise, Trade and Employment, you were directly involved with the reorganisation of the Central Bank. And, in hindsight, would you do things differently now? And maybe comment upon the specific evidence as well. I know you're familiar because you asked for some additional documentation to be added yourself. You might just consider what was the general discourse going back and forth between yourself and then Minister McCreevy's office at the time?

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