Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

And, occasionally, on the over €1 million scenario, the credit committee, with the managing ... the head of lending, could take a decision if there was an urgency to do it for corporate reasons or whatever, and then it would go to the board at the earliest possibility, Mr. Fingleton was telling us earlier. Can you recall any instances that that happened? And, in all of the instances where that may have happened, were any of those odd occasions where the board declined it sent back?

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