Oireachtas Joint and Select Committees
Wednesday, 2 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Thank you. Mr. Purcell, I’m going to bring matters to a conclusion. I just have a couple of questions myself to ask and I just need to wrap up, and I’ll also be inviting yourself to make any closing comments or remarks that you might wish to make.
Mr. Purcell, this was, kind of, touched upon earlier. I just need to get a bit further clarification on it. What was the limit of the MD's authority to issue loans? What was the sum of money? What was the lending limit?
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