Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Was it not your responsibility as a member of the committee, and, subsequently, as the chairman of the committee, to go searching for such information? I know that executive directors have a particular responsibility, and non-execs, and you've explained and we are familiar with the limitations on the role of non-executive directors. But in light of the fact that you were involved with the risk committee for years, you know, is ignorance of the existence of the letter a defence in that case?

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