Brian Lenihan Jnr (Dublin West, Fianna Fail)

It was one of the factors which led me to the conclusion that I should recommend to my colleagues the nationalisation of the bank. However, because it was a matter pertaining to a customer of the bank, I did not put it before my colleagues or the Taoiseach in explicit terms because confidence in a bank over which we have now taken ownership would be shattered if the Minister for Finance publicly and with abandon disclosed the confidential arrangements made between a bank and its customers.

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