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. I want to just briefly also deal with the lending strategy of your institution, Mr. Fingleton. Did anyone on the board ever challenge the overall lending strategy? In particular, did anyone on the board ever challenge the practice of taking equity stakes in developments in exchange for 100% funding?

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