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Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Are you saying that when you were a non-executive director of Anglo Irish Bank, you never made a contact with the Minister for Finance or the Taoiseach on behalf of the bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Well, I'm sorry, how do you explain then the phone call that you organised between-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: No, no. I'm asking why-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: -----in your written statement-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: If I could just-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: In your written statement, you said you believed you were not equipped to answer on the appropriateness of relationships between the Government and the banking sector. And when I asked you to elaborate on that, you said that you were here to account for your role as a non-executive director of Anglo, and that that didn't pertain to that line of inquiry. And then I asked you if, as a...

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Yes, but I want to clarify that because-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Yes, okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: It's just that it wasn't acknowledged in the written statement that you supplied and I was wondering why. And you've tried to explain that. But can I just ask you then to clarify-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: -----the contacts that you laid out to us in your opening statement, are they the only contacts that you made on behalf of the bank, with a member of Government?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Do you recall a board meeting in early 2008, at which the possibility of the NTMA placing further deposits with the bank was discussed?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: I'm talking about an article from theIrish Independentwhich discussed or which details a board meeting that was held in early 2008, at which the placing of deposits by the NTMA with the bank was discussed.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: I don't know the source of that article.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: This is an article provided by the legal team this morning, Chair, its from the Irish Independent. It's entitled, "The political contacts that led to controversy."

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: 2014, I think.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Okay. Thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: We'll move on to the Heritage dinner, if we may.

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Just to clarify some things around that. You arranged the dinner. Is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: You-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Jul 2015)

Eoghan Murphy: Yes.

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