Oireachtas Joint and Select Committees
Thursday, 16 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Pádraig Ó Ríordáin:
Well, I suppose, that actually happened here to a certain extent in relation ... once IBRC was liquidated. The promissory notes, for example, that were held at the Central Bank of Ireland at the time ... the Central Bank would have become the owner of the promissory notes and then they were restructured from there. So that's probably the primary example.