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Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: You're out of time, so we'll just take a supplementary.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Senator O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: That's a bit leading now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Okay, question now, Senator-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Thank you. Senator D'Arcy. Ten minutes ... or six minutes, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Deputy, you're out of time so ... I'm not opening another line of questioning.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: And you wish a comment upon that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Thank you very much. I'm going to bring matters to a wrap-up there, Mr. Moran, and I just want to get one feel for your understanding of the troika dynamic and the different relationships that each partner brought in your engagement with them, through the Department of Finance. And maybe if I could look at that at two levels. You touched upon it at one level with Senator D'Arcy in the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Okay. Thank you very much and I'm just going to wrap up with the leads there now, please, and the first lead up is Deputy Phelan then followed by Senator Barrett. You have three minutes each to deal with any supplementaries or outstanding matters you want to deal with. Deputy Phelan, you're first.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Thank you very much. Deputy Barrett. Senator Sean Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Senator, don't be speaking now, you need to be asking questions.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Thank you very much. I'm going to bring matters to a conclusion and in doing so I'll be thanking Mr. Moran for his contribution today, but I want to invite you to make any final comments or remarks that you'd like to make before we conclude, Mr. Moran.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Okay, thank you very much. With that said I'd like to thank Mr. Moran for his participation today and for his engagement with the inquiry. In doing so the witness is now excused. I don't want to suspend the meeting for a moment, I want to go into private session just to deal with some time management issues to see where we're going to go for the remainder of the evening. So, if I can just...

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: So I'm calling the meeting into public session. Is that agreed? Agreed. The Committee of Inquiry into the Banking Crisis is now resuming again in public session and, as I've said, I'll be asking those members and those in the public Gallery to ensure their mobile devices are off. Today we continue our hearings with the senior officials from the Department of Finance who had key roles...

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Thank you Mr. Moran once more and if I can invite you to make your opening remarks to the committee please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Thank you, Mr. Moran, for your opening remarks and if I can commence questioning and invite Deputy Michael McGrath first. Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Ah come on, will we drive on now guys? Give us the number.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Deputy Kieran O'Donnell.

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: So it's not actually overruling; it's-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (18 Jun 2015)

Ciarán Lynch: Can you ask the question rather than state it?

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