Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
And the meeting of the board of 12 December 2008. Now that's been mentioned this morning, that about two thirds of the board members were absent. But at that board meeting it was reported that David Drumm and Willie McAteer had met with John Hurley and Tony Grimes at the Central Bank of Ireland and a figure of €3 billion of new capital was acknowledged as being needed. Were you aware that Anglo would require this quantum of additional capital in order to remain solvent?
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