Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Alan Gray:

I certainly would not have considered my role, as one of nine non-executive members on the board, to be meeting an individual - representatives from an individual banks - and raising issues. I felt the appropriate channel to do that was at the board meeting and I have given you a number of references where I had done that. And I would also point out that, when invited to that meeting, I knew Fintan Drury was a friend of the Taoiseach and a communications adviser and I saw him in that context. I knew Mr. FitzPatrick was, indeed, chairman of Anglo Irish Bank and that would have been known to everyone. But I saw Mr. McGann as somebody who ran a major manufacturing company rather than an Anglo bank executive director.

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