Oireachtas Joint and Select Committees
Thursday, 3 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
Could I refer to Vol. 3, page 3? The survey of the board members by Mrs. Hague - that the board members were asked to evaluate themselves, I think. Being accountable to the public, 11 thought ... of the directors thought they were excellent and two, acceptable. Compliance with regulatory requirements, ten thought they were excellent and three, acceptable. "Are there any areas of the board's work which cause you unease:" No, 11 directors; yes, two. And the two refer to the complexity of accounts and "Preparing for and managing the unexpected". Wasn't it a board which not only didn't attend on the other date I mention, didn't seem to be in touch with what was happening in the business at all, that it could have these questions?
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