Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

No, no, with respect, if you again let me finish my question. The e-mail correspondence from an official within IBRC to Mike Aynsley documents a conversation with a Department of Finance official. I would suggest to you that this is a bit more than dúirt bean liom go ndúirt bean léi. It talks about €100 million of an asset to be sold by IBRC for a value of less than €100 million and suggests that this would be the type of view that you would have as Minister for Finance. Even if it’s not your view, do you believe it’s appropriate for the Department of Finance official to influence in any way the sale of assets of IBRC and particularly to suggest that assets should be sold at a value substantially less than what they’re valued at because of the political sensitivity of an individual which may be looking to purchase the asset?

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