Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

No, I am not asking about the inundated, she is saying that she was asked on each occasion:

the approval or lack of it had to be sent ... by email to EBS by close of business ... the next day. The rationale was that if EBS did not facilitate the "developer" another bank would and we would simply be losing out ... the business.

I am asking you the question was: is she correct in her observation that there was a rush, if you like, to facilitate the developer, otherwise you would be losing out on business?

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