Banking inquiry: the evidence of Kevin Cardiff

Adviser. Lieutenant. Confidante. These are all words that could be used to describe the relationship between senior Department of Finance official Kevin Cardiff and Brian Lenihan, Ireland’s inexperienced Minister for Finance in the crisis.

In explosive testimony to the banking inquiry, Cardiff reveals over 380 pages of evidence in vivid detail, how Ireland went from boom, to bust, to bailout.

Cardiff joined the civil service in 1984, and rose to become head of the Department’s financial services division in 2006, as the bubble moved into its final year before lurching into a death spiral.

He was made secretary general of the Department in February 2010, where he ...