Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom Parlon:

Yes. And now ... like, with a lot of our firms now, not all of their construction is within the country, so it's in their Irish-based construction activity and that was always ... you send in your turnover figures and typically, you know, you might be working on a turnover figure that's two or three years old and subscriptions weren't a problem until shortly after I took over, when the downturn started, and then all of a sudden we began to have our own income crisis and then we worked a lot closer on turnover figures and on being up to date and insisting on getting them and so on and insisting that the different subscription levels were up to scratch.