Oireachtas Joint and Select Committees

Wednesday, 17 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

3:25 am

Mr. Peter Nyberg:

I am aware of the discussion and I was aware of the discussion during the commission time. I should say that, of all the interviews that I had, as far as I remember, only one interviewee referred to, sort of, linkages between politicians and bankers. Funnily enough, it did not concern his own bank but another bank. Otherwise, I found no evidence of the kind of relations the Senator is referring to. It does not mean necessarily that they did not exist; I just did not find anything and nobody referred to it. As the Senator will no doubt appreciate, what we have been discussing here is that there are numerous other very good reasons why the Government might have decided to give the guarantee. It might have simply wanted the Irish economy to avoid a full stop.