Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Thank you very much, Deputy. Just on a related matter before I bring in Senator D'Arcy, Mr. Burrows. Earlier you stated that you were aware of the bank's position going into the meeting with the Government, i.e. Bank of Ireland's position, and you kind of made reference to it as well in your discussions there with Deputy Doherty. Could you please clarify this, as Mr. Goggin informed the committee that he was not aware of maturing borrowings, etc., within the bank in his earlier testimony to us? And ... we would hope that in your role as part-time chair, you're now indicating that you knew the position of the bank. How would the CEO maybe not have known about it? How do you reconcile that?
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