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Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: And sometimes not.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Okay. Can I ask you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: I want to turn now to the night of guarantee, in particular. We've had evidence from Mr. McDonagh, then of the NTMA, that they were not consulted on the night of the guarantee, that they were in a room adjacent to where the discussions were taking place. Why were the NTMA not part of that discussion on the night, in light of the fact that the taxpayer was put on the hook to the tune of...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Do you think that was an error in hindsight, in light of the fact that they were the people responsible, with expertise for funding?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Can I ask, also, in relation to the relationship between the Department of Finance and the National Treasury Management Agency at the time, there was some comment in some arms of the media that it was an uneasy relationship. Can you describe the nature of it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Finally, I'm going to ask you, all in the one question, in relation to your own pension entitlement, leaving the public service. When you retired in 2010, your pension was topped up in order for you to be able to pay ... be paid the maximum on retirement. I want you to state whether that's correct or not. And, secondly, is it common practice for retiring civil servants,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Who sanctioned it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: No, but that's ... I'm ... I'm-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: I asked the question and I just ... I'm going to ask-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: I asked who sanctioned it. I asked it about three times now at this stage.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: The relevance to evidence is that there's a lot of people watching here today whose pensions have been greatly depleted as a result of the crisis that the country found itself in.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

John Paul Phelan: And they have a legitimate question as to people who got substantive pension payments. And this is a unique, slightly different, topped-up pension and I want to know how it came about. That's all.

Written Answers — Department of Social Protection: Community Employment Schemes Eligibility (18 Jun 2015)

John Paul Phelan: 49. To ask the Minister for Social Protection if consideration will be given to permitting those participants on community employment schemes who are 60 years of age and over to remain on the schemes indefinitely until retirement age; and if she will make a statement on the matter. [24335/15]

Written Answers — Department of Health: Hospital Services (18 Jun 2015)

John Paul Phelan: 213. To ask the Minister for Health if he will reverse any proposed change to the current configuration of a surgical ward in a hospital (details supplied) in Dublin 9 to a geriatric ward; and if he will make a statement on the matter. [24336/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

John Paul Phelan: Thank you, Chairman. Good afternoon, Mr. Cardiff. In relation to the OECD reports, which Deputy O'Donnell just touched on, from 2006 to 2008, can you outline for the inquiry if there was a discussion within the Department on the findings of those reviews, in particular with regard to house price inflation and the financial health of the banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

John Paul Phelan: Can you recollect-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

John Paul Phelan: Can you recollect any action being taken on foot of them?

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