Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

-----in the Government decision I was given the authority to proceed on the basis of this, and to burden-share if I got the agreement of the external authorities, and particularly the ECB, so I had been authorised by the Government. So there wasn't a further Government meeting but I rang the Taoiseach and the Taoiseach was in consultation with the Tánaiste, and I think Minister Howlin was brought into the group, and we acted on the authority we had from Government, or that I had from Government, on the previous Tuesday. The Dáil was meeting and we said we can't go ahead with this.

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