Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Professor Alan Ahearne:

He ... Kevin either said to me or else I read it in a memo. I thought that was somewhat later but Kevin's dates might be better than mine but I do remember that ... I think, reading it at the time in a memo that the ECB had said "We have got ... ", "Actually, this would be unconstitutional and we have got our own lawyers". And maybe - I'm not sure if it was written or whether Kevin said it to me afterwards but "This is the answer I gave them: "I'm sure if we put this to a referendum the Irish people would vote to burn Anglo bonds."."

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