Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Okay. I want to put to you a statement. Mr. Cardiff, the former Secretary General of the Department of Finance, in evidence to the inquiry stated the following, "Then, in 2009, I believe there were hints in Washington, possibly also in Dublin, that, you know, IMF would be available if we wanted them." Would I be correct in understanding from your statement that what you're saying is that there were more than hints ... that in February of 2009 there was an actual beginning of a process?

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