Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Mike Aynsley:

Without talking about that particular transaction, you're very well aware that there was a process around that that you would say is different to a process where the bank is ... has that company in receivership and is deciding to embark upon a sale process, and the bank is running at versus somewhat.

There's different processes around these things and there's different governance structures that you put around them to ensure that the bank is protected at every stage.

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