Oireachtas Joint and Select Committees

Thursday, 2 May 2013

Public Accounts Committee

Special Report No. 77 of the Comptroller and Auditor General: Dublin Docklands Development Authority (Resumed)

12:40 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael)
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Yes, 24 October. There had been a meeting the night before on 23 October. Item 2.1 of the minutes of 24 October states that, "Opening the meeting, the Chairman drew attention to the fact that he and the Chief Executive had been advised by Mr. McNamara at 8.30pm the previous night that Mr. McNamara was in discussions with Bank of Ireland and Anglo Irish Banks in order to secure the acquisition funding". Item 2.4 states that, "The Chief Executive confirmed that all of the negotiation and preparation of documentation by the Executive had been virtually completed before the issue arose. He had understood that Mr. McNamara had been in discussion with the Bank of Scotland but was only advised of the Bank of Ireland/Anglo Irish involvement in the same meeting as the Chairman". I take it that the meeting to which the Chairman was drawing attention at the beginning of the board meeting was the meeting of 23 October at 8.30 p.m.