Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Gary McGann:

I wasn't aware of wholesale difficulties with documentation. Internal audit from time to time did evaluations on the documentation process and wherever there were difficulties found, they were raised and dealt with and undertakings given to correct them and, indeed, in some instances where lawyers who would have been responsible on a panel to give legal undertakings and provide legal undertakings wherever they were repetitively failing to do that they were delisted. So that's the only knowledge I have, Senator, but I hadn't the sense that it was widespread and wholesale.

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