Oireachtas Joint and Select Committees
Thursday, 30 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Mike Aynsley:
Well, I think it says ... as it's sort of presented here, it was, well, you know, "With this particular client what are you doing selling these loans to this particular client?" To which the reply was, "Well, you know, what do you expect us to do, you know ... what do we do if there's ... the same client comes along to buy this particular asset, would you rather us sell it to him or to someone else for €100 million less?" And the answer is, "Well, sell it for €100 million less and I think the Minister will back that." That was the-----
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