Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Page 24, M21, you will see, this is relating to credit risk and, it says:

The inspectors are concerned at the following:

1. The Managing Director, who is a member of the committee, did not attend any of the 27 meetings reviewed by the inspectors, covering the period 8 May 2005 to 11 May 2006 [so that would be a year].

It then goes on to say:

2. [Mr.] Darragh Daly, Homeloans Manager, who is a member of the committee, attended only 2 of 27 meetings.

3. The quorum of three members was only achieved for 2 of the 27 meetings.

4. For the four meetings of the committee in July 2005, only one member [...] was present.

And so on, so I just draw------

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