Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Went:

I indicated to him that I thought that, you know, if he felt, you know, that this was a bad thing, and I ... I got the impression that Mr. Neary did, and I don't want ... I would never want to put words in this mouth, but I got the impression that he was not unduly enthusiastic about it, but felt his hands were tied. I indicated that I thought that ... well, you know ... there is a college of regulators dealing with banks, where regulators exchange information on matters of concern and that if he were to ring the Bank of England and say, "Look, one of your people in Ireland is doing something which we really don't like", I felt that that was something that could've had some impact.

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