Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Mr. McCreevy, thank you for coming back into the committee room and I just want to deal with some matters formally. And I would like to remind the witness that if you refuse to answer a question which falls within your direction, you may be subject to criminal sanctions under section 75 of the Houses of the Oireachtas (Inquiries, Privileges and Procedures) Act 2009. Further, if you refuse to answer any question without being entitled in law to so refuse, the committee may make a finding of you that you failed to comply or fully co-operate with the inquiry in its final report under section 14 of the Act. Also, in your direction to come before the committee here today, you were also put on notice that the committee may make a recall of you on Wednesday or Thursday of next week, at which time we can amend the directions to actually broaden out the line of questioning, if we so desire, once it falls within the terms of reference of the broader inquiry. So, with that said, if we can now actually proceed with our line of questioning and if I can start ... restart the clock and ask Deputy Doherty to ask his question again, please.

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