Results 8,321-8,340 of 26,043 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: You had a basic salary-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Correct, you were just short of €1 million.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Well I think it's splitting hairs, Mr. Sheehy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Thanks, Chairman. Just a very quick question, Mr. Buckley. The fact that your colleague, Mr. Sheehy, has disclosed what his pension is, would you be ... feel that you might disclose what your pension is at the moment?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Can I go back to Project Omega to Mr. Sheehy, about ... Can you just explain the circumstances of Minister Lenihan's approach to the bank, was there a meeting? Were you surprised with the approach in terms of asking that AIB would take over Anglo?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Were you surprised?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Why?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: So were you in survival mode yourselves?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: And two quick questions. What was the reason that Minister Lenihan gave that he wished for you take over Anglo and what was his response when you said you were not willing to take it over?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Can I go back to AIB, sorry, C3b, Vol. 2, pages 37 and 38, and I suppose the question, a very quick question I want to ask is, was there a draft provided on the night of the guarantee by the Government to the banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Well, you've stated in your proposals, the Government submitted a form of guarantee which was inspiration. So the question, I suppose, I want to ask is, what did you get in the guarantee that in the original draft provided by Government was not there?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: What did you request?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: So, in essence, the final agreement outside of the fact that it included Anglo and Irish Nationwide and that it included lower tier 2 subordinated debt, in substance was it the guarantee that AIB and Bank of Ireland requested?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: But in substance was it-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: : Okay-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: Are you required as a bank ... were you required to file in any shape or form that the bank was solvent at any time in terms of Stock Exchange reporting or other requirements?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: So therefore why were you unwilling to allow ... sorry ... Well then, what was your objection to the element being put into the statement that the system was solvent and that all banks were solvent? If a guarantee was being put in place and you were filing on various occasions that the bank was solvent and you claim, and you make a statement here, that AIB was solvent on the night, why, by...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: And finally, when you were leaving, the last meeting you had, what time was it at? And at that time, were you given the impression by Government ... or who were you given an impression by that it would involve four banks with the outline of the type of guarantee that was put in place?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Kieran O'Donnell: What time was that?