Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom Browne:

I think ... I think, you know, I think it's an interesting word, "trust", you know, we backed them because we believed their ... of ... we believed their ability to deliver on the projects. You know, there were people that we had, kind of ... we had developed a close relationship with over ten, 15, 20-year period, and we'd seen them perform and, I suppose, the view was that if there was going to be a soft landing, you know, the people that you wanted to be in the trenches with were people that had a track record of delivering performance. And the view would have been that these were the people to actually, kind of ... to support.

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