Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Ann Nolan:

It is unfortunate. The NTMA weren't outside the loop; they were at many of the meetings we were at. In that period 27-28 November, we had meetings night and day, I mean, literally 'til two, three in the morning. The NTMA were at some meetings. There were at some times five or six. I remember one of the Saturday nights there were five or six different meetings taking place at a technical level throughout the building. It was very unfortunate that John was not made aware of that but I rather think it was entirely accidental that people believed he had been told and that he wasn't told, rather than that anyone decided not to tell him.