Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Aidan Walsh:
I think the focus of our work was actually to get a lot of detail behind the top 20 connections so in any one connection, there could be hundreds of loans and hundreds of properties providing collateral for that individual loan. So, the focus of our work was very much on commercial property loans and development property loans and getting as much detail behind those and helping to aggregate information in relation to connections and connections could ... loans could be out in a range of different names, different special purpose company names, individuals' names, partners' names. And we sought to bring together all the loans that related to a controlling individual within either that company or partnership or individual name.
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