Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. John Moran:

The specific example given was doctors and lawyers clubbing together to buy land to develop a housing estate. We did not talk to any of the participants in the syndicate preparing to buy in Athlone. That was not our job; that was the job of the syndicator.