Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

Were you aware that this allowed for banks like Anglo Irish Bank which was a commercial ... in the main, commercial property bank, to actually secure more funding from the wholesale markets to release into the Irish and other markets? Were you aware that that ... you were lobbied by the financial sector. Were you aware that this was the intent behind this legislation, as a former Minister for Finance also that's familiar with many of these issues?