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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