Results 5,901-5,920 of 15,555 for speaker:Eoghan Murphy

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, and did you have a view at the time as to why the NTMA was not placing money with Anglo?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: But you weren't involved in discussions with senior management about what was happening with the NTMA or attempts to get deposits from them, or sources of funding.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. What do you know about the green jersey agenda that was undertaken in March '08 by the Financial Regulator and the Central Bank Governor?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. Well, I mean, we've discussed it with the Governor and we've discussed it with the other banks as well ... that they did approach Anglo and the head of treasury, John Bowe, was tasked with this project between the banks. Is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. And you were involved with that plan.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, I'll move on from that then. In the same month, you were part of a delegation that travelled to the Middle East to look for new sources of funding for the bank.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. Can you tell me a bit about-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Capital. Can you tell me a bit about that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, and did the regulator know that you were making that move in the Middle East?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, and was it successful?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. At what point or were you involved at all in any conversations about a guarantee for the bank, either a political one or a legal one? We had in evidence from Kevin Cardiff that Seán FitzPatrick had raised a form of guarantee with John Hurley at the end of April 2008.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: You had no involvement in the discussion?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. Coming to political contacts around the time of the guarantee, did you make any? Did you have any?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. What was the purpose of that meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, and that was the extent of it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: And you said there was a second contact?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay. I'm curious, these are the only two political contacts that you are aware of the bank making in the crisis period in September, is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay, I beg your pardon. But, I mean, were you wondering why you were having political contacts not with the Government but with the Opposition, for example?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Eoghan Murphy: Okay.