Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Fintan Drury:

Yes, I mean, I'm not saying that, you know, there was no discussion about the fact that there was a very significant global ... the start of ... well, more than the start, the emerging economic difficulties which were partly being fuelled by significant financial difficulties. I'm not saying that that wasn't the backdrop, if you like, but what I'm saying to you is ... to be clear, Deputy, what I'm saying to you is that at no point was there any discussion whatsoever about Anglo Irish Bank. And the question I posed in my opening statement was to say, "Well, why would there have been?" Because at that time, Anglo Irish Bank was under pressure under two headings, as I saw it, as somebody who had retired from the board six weeks previously-----

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