Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. You say in your statement in relation to developer loans, on page 5, and I quote, you say:

The rationale was that if EBS did not facilitate the "developer" another bank would and we [simply] would ... be losing out [of] business. All these proposals seemed fail-safe.

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