Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Professor Alan Ahearne:
That was always ... that was always, I wouldn't say the preferred option, but it was always under very serious consideration that eventually this just wouldn't be here, it'd be wound down. It was all about timing. The management came up with this idea, well maybe we can save you a few bob and we can create a bit of value. So the Minister said, "Okay, well, look, just put together that proposal". But, as I said, he was open-minded on it.
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