Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

The ... as I said, there is 30 or so separate items there, 15 different headings. I am not too sure if there are other aspects of the banks or any remaining aspects of the banks that there didn't seem to be a concern about because the regulator's ... the letter indicates that they are looking at ... that this is not a concluded list. But what I am trying to scope out with you this afternoon, Mr. Drury, is how would you not be familiar with such an extensive regulator's review of a bank that you were a non-executive director of? How would you not be familiar with that? What would be the processes that would not be in place or were there processes in place that didn't actually work for you not to know this?

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