Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I'm asking ... the question I'm asking you is you had contact with no other banks. Now, when you had your golfing outing in Druids Glen, a few days before, on 18 July, it had gone public about Mr. Quinn's exposure in terms of Anglo. You had the share price in Anglo falling, you had the whole issue in terms of liquidity with Anglo, so, in hindsight - you used that term - was it poor judgment on your part to meet ... have a meeting in the Druids Glen where you had four people, which all four had been at some stage ... two of them were the board of directors in Anglo; two had been previously board of directors in Anglo; one of them was on the board of both the Central Bank and the Financial Regulator authority at the time; was it poor judgment, on your part, to go to that golfing outing in Druids Glen?

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