Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

And it says:

Gary McGann, Ned Sullivan, Anne Heraty and Drury, all non-executive directors, spoke. The new Taoiseach was told about the pressure in the property market as a result of the credit crunch and how the bank had funding problems because of the turmoil in the international financial markets, but that it wasn't a major issue.

Pat Whelan, Declan Quilligan and Tony Campbell also spoke. That's different, I think, from the other meeting, which was a general one about Ireland. This one seems to have been very strongly about the difficulties of the bank.

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