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

Eoghan Murphy: Okay. Do you see a possible conflict of interest in using your friendship with the Taoiseach - or the then Minister for Finance - to set up these types of contacts, to set up these dinners?

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

Eoghan Murphy: Well, sorry, this dinner, in particular.

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

Eoghan Murphy: Okay. And you attended the dinner with Mr. Cowen. And how long did it last for, do you remember?

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

Eoghan Murphy: Ninety minutes, okay. And do you recall any formal presentations or document?

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

Eoghan Murphy: None. Do you recall if Mr. Cowen arrived with a document?

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

Eoghan Murphy: He didn't have-----

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

Eoghan Murphy: Okay. And he didn't leave with any documents?

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

Eoghan Murphy: Okay.

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

Eoghan Murphy: And do you recall at the dinner any discussions around funding problems for Anglo?

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

Eoghan Murphy: Yes. No discussions around the NTMA.

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

Eoghan Murphy: Okay. Moving on to the other occasion then, the Druids Glen outing.

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

Eoghan Murphy: That was ... was it lunch, golf and then dinner? Is that correct? How long was-----

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

Eoghan Murphy: Okay.

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

Eoghan Murphy: Okay. So how long of a total engagement are we talking about in terms of the interaction between Mr. Cowen and the representatives from Anglo Irish Bank?

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

Eoghan Murphy: Yes.

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

Eoghan Murphy: Okay.

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

Eoghan Murphy: Okay. At any point, was Anglo Irish bank discussed?

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

Eoghan Murphy: At any point was liquidity or solvency issues in the banking sector discussed?

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

Eoghan Murphy: But you were there to discuss the economy and what was happening globally-----

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

Eoghan Murphy: -----is that correct? And at no point the banking problems that had already begun in 2007 came up, Northern Rock, Bear Stearns.

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