Oireachtas Joint and Select Committees
Thursday, 10 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Okay. Finally, and I understand the e-mails will be given to the committee and I’m sure we can look into the individuals then at that stage, or whoever needs to see them. In terms of what has been reported in the Irish Independent, I believe, earlier this year, in relation to Governor Honohan’s view of subordinated bondholders in the liquidated IBRC, can I ask you did you take ... did you note Governor Honohan’s view that bondholders ... subordinated bondholders should not be paid, that the State should enlist legal views, and suggested a legal individual, somebody who already had provided advice to the State under the previous Government, to bring this about? Did you follow up on the views of the Governor of the Central Bank that the subordinated bondholders in Anglo Irish Bank or IBRC at the end of the liquidation wouldn’t be receiving what many believe should be taxpayers’ money being paid back to them?
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