Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

Billions of euro were involved. Does the Taoiseach stand by his civil servants it he Department of Finance? Cliff Taylor summed matters up well in his article in The Irish Timeswith the following observation:

[T]he extent of the tensions revealed in the FOI documents ... is striking, and cause for concern when so much money was at stake. Was it a case of an over-controlling government department insisting on playing everything by the rule book and not being experienced in the real world of deal-making? Or was the IBRC really being run without the proper controls and procedures in place and choosing sometimes to ignore the official view?

There is sufficient cause for grave concern given the scale of the matters arising. We know the bank resisted the framework document to the extent that the Department suggested there was a risk that it might seek to take action to delay or impede finalisation of the document, which was required by the troika.

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