Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

As we've a quorum, the Joint Committee of Inquiry into the Banking Crisis is now in public session, is that agreed? Agreed. Can I ask members and those in the public Gallery to ensure that their mobile devices are switched off? We now commence session 1 today which is a public hearing discussion with Mr. Ronan Murphy, senior partner, PwC, and Mr. John McDonnell, partner, PwC.

In doing so we would like to welcome everyone to the 27th public hearing of the Joint Committee of Inquiry into the Banking Crisis. Today we continue our hearings with senior auditors who had roles before and during the crisis. At this morning's session we will hear from witnesses from PwC, Mr. Ronan Murphy, senior partner, and Mr. John McDonnell, partner.

Ronan Murphy joined PwC in 1980 and was admitted to the partnership in 1992. He has been a senior partner at PwC since 2007.

Mr. John McDonnell is a partner in PwC's banking and capital markets group. He is the Bank of Ireland audit partner in PwC. Mr. Murphy and Mr. McDonnell, you're both very welcome before the committee this morning.

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