Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay but, yes, that was the major risk and the Financial Regulator understood ... accepted that as well. Can I ask ... you mentioned in your statement that you were also involved in IT systems and development of IT systems and this is an area that came under criticism from the internal audit report, I believe. There is mention in terms of the IT systems. Can you just clarify this for once and for all? Did the CEO of Nationwide have access to a computer in his office? Did he run a €16 billion business without access to a computer?

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