Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

Can I just refer, very briefly, to the Anglo Irish ... Anglo Republic... and you made reference in your opening statement that you were not made aware of the contracts for difference. You said "I was not made aware. Other directors were." I'd just refer to page 108 of it, where it's "Gary McGann, chief executive of paper and packaging group Smurfit ... and a non-executive director at Anglo, pushed the matter at a board meeting in early September." This refers to the contracts for difference. "By now the directors felt it was time to speak to [the] Quinn directly." Were you a member of the board at that time, Mr. Browne?

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