Oireachtas Joint and Select Committees

Thursday, 30 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Goggin:

Okay. When we arrived initially in Government Buildings for the 9.30 p.m. meeting we were both ... or the four of us were together in one room until 11.30 p.m. At all of the meetings, perhaps bar one, with the officials, AIB and Bank of Ireland, from my recollection, were always together. I think we might have been separate during the discussion on which subsidiaries of the two banks should be covered by the guarantee. Apart from that, my recollection is that BOI and AIB were always together. Sorry, and there's one other exclusion. When both of us were considering the provision of the €5 billion, we were in separate rooms dealing with that.