Results 3,941-3,960 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Is the Deputy also directing that question to Mr. Considine?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I must ask the Deputy to conclude as he is five minutes over time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I call Deputy Spring.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Please, Deputy Doherty. I have afforded you more than eight minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I need a response to the Deputy's question rather than commentary. I will then call the next speaker.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I will give Mr. Considine the opportunity to make that point when he is wrapping up. He is now responding to Deputy Boyd Barrett.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: We must conclude this session by noon because AIB is coming in at 12.30 p.m. and those of us who have been present since 9.30 a.m. this morning will need a break. I will allocate strictly five minutes to each of the remaining speakers which will bring us up to noon.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: That is a matter for the Fine Gael Party. If Deputy Mathews wishes to speak first or second he must raise the issue with his party. I will not deal with the matter. I do not accept the criticism. It is for the Deputy’s party to decide who gets prioritised within the party.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Deputy Mathews has approximately half a minute remaining and he has not asked a question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Deputy Mathews must wrap up and summarise his question please.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Deputy Mathews has not asked one question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: The Deputy is out of time. He can respond to the question and then we will move on to Deputy Donnelly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I thank Deputy Mathews and call Deputy Donnelly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I am going to make an intervention here because, unfortunately, this is reflecting a similar situation we had with Bank of Ireland when the bank's representatives appeared before us. Deputy Donnelly is not asking about blanket forgiveness. He is asking that on a case-by-case basis, in situations where people cannot meet the full sum of their mortgage, with regard to any forbearance that can...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I am not interested in the board. I am interested in Mr. Considine's role as a public interest director and what he is going to do. You are not going to stonewall this committee. What are you doing, as a public interest director, on this matter? Do not talk to me about the board or the CEO. Tell me what you are doing on this matter, as a public interest director, and stop stonewalling...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I can read out the rules of what a non-executive director is. I will read them to you, if you give me one moment. "A non-executive director is a director who does not have a contract of service with the company and normally serves the company on a part-time basis." Your role is that you were not actually elected to the board; you were appointed by the Minister of the day and have been...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Half of residential properties are not subject to mortgage but we are speaking about people who are in distress.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I want you to talk about your role. Stop talking about the bank and the general industry. I want you to talk about your role as a public interest director.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: Yes, and we will. Please, Mr. Considine, stop stonewalling the committee and tell us what you are going to do in this instance as a public interest director. I apologise but I must push this question on behalf of the committee.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)

Ciarán Lynch: I will give the public interest directors an opportunity to answer this question. If they fail to do so, we will move on, but it will be acknowledged that they failed.