Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. And at a board level, did anyone on the board every challenge the overall lending strategy? In particular, did anybody on the board ever challenge the practice of taking equity stakes in developments in exchange for 100% funding?

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