Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
Well, first of all, I think, in the context of the conversation ... Mr. Quinn had said that he had contracts for differences that he had ... the ones that he had in financial stocks that he had gone long in and I took that to mean that whatever contracts he had, he had converted them into shares and, I mean, if they were ... if they were in any way a material holding in Anglo it would have cropped up in the share register. And if it was more than 5%, there would have been notification to us. So, otherwise, I mean, I didn't probe Mr. Quinn's personal investments, that's a matter for him and, you know, that may sound surprising but, you know, an individual's private financial affairs, I believe, are his own business.
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