Oireachtas Joint and Select Committees

Wednesday, 26 June 2013

Public Accounts Committee

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

3:50 pm

Mr. Lar Bradshaw:

When I said I never met him? I do not think I said I never met him. I met him once physically at an Anglo Irish Bank annual golf outing. I think it was in the summer of 2005 but I do not know. I was introduced to him and he sat at the same table. There were maybe 200 people at it. I do not know. I had just joined the board of Anglo Irish Bank and he was at the same table. That is the one time I met him in a social situation. It is the only time I physically met him.

I then refer to the two phone calls about which I have told the Deputy. Looking at the same notes the Deputy has, I think I rang him as a follow-up because that is one of the next steps here and if I was asked to do it, I would do it. He was not available but he suggested we meet his advisers, which we did. I want to put on the table that mention has been made of the fact I had a business relationship with Paul Coulson. I did not. I was an investor in a syndicate put together by CBRE and Anglo Irish Bank in a property investment. This was a passive investment. There were many investors in it. I have tried to discover whether by the time the IGB purchase came up, I actually knew that he was one of the investors. I cannot say with certainty but I would like the committee to assume I did. I think that investment was originally made around May 2005.