Results 5,281-5,300 of 15,555 for speaker:Eoghan Murphy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Thank you Chairman and thank you Mr. McCarthy, you are very welcome. In your opening statement on page 11, you state that: Collective responsibility requires members of the Government to support decisions once taken. The legitimate exercise of its democratic authority by the Government must be respected by officials. You were Secretary to the Government and Secretary General of the...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Did you ever seek such a written direction in relation to the use of financial resources?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay. And you provide the Taoiseach and the Government with advice. Is it safe to assume that you are across the same information as the Taoiseach is across?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: The information coming to the Taoiseach through the apparatus of the Civil Service or the Departments, you would be across the same information coming through that stream?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay. And do you have any role in the formulation of policy?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: And do you advise on matters of judgment?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: And your ultimate responsibility is to whom? As the head of the Civil Service, who's your ultimate responsibility to?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Sorry, well, as Secretary to the Government and Secretary General to the Department of the Taoiseach, who were you responsible to?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: To the Taoiseach?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay. And when we talk about the responsibility of Government, can we distinguish between the permanent government and the elected Government?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: So, when we talk about the responsibility of Government, we're talking about the responsibility of the elected Government?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay. On the first page of your opening statement, you say and you stated again, "The conclusions of the Nyberg [report] give a broadly convincing account of the circumstances which led to the crisis." And, on page 7 of the Nyberg report, it says, "The Government actively supported the market over an extended period against the apparently fairly weak but clear opposition of the Department...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Were you aware of this opposition at the time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: So you were?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay. In every year, bar one, from 2000 to 2008, the budget package agreed by Government was greater than what the Department of Finance was recommending, and were you satisfied with this outcome to the budgetary process in each of those years?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Well, did you ever advise or caution against the increases that were being decided upon by Government versus what the Department of Finance was recommending?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Advising in support of those, of taking into account those issues, or-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay. But then they weren't taken into account, is that correct?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)
Eoghan Murphy: Okay.