Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael)
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Just very quickly ... Could you explain to me then the rationale ... that the bulk of the increase in spending, you doubled the spending that was in '03, you doubled that in ... in '06 and '07, can you explain the rationale, why the bulk of that increase in spending was on the current side rather than the capital side? And was it some way linked into an impending general election in '07?