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Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Senator. Mr. Murphy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Okay. Thank you, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Deputy Kieran O'Donnell.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Just a moment there now, let me see.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: No, I don't think they are. I ... if you can just address it generally, Deputy, there for a minute and I'll come in and I'll give you a clear direction in a moment. Okay?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: I might just assist you there, Deputy, and I'll stop the clock to do so. I've an indication of where you're going in this. I think where we were with this with other institutions that were in, the names were actually redacted, so to be consistent, I would just ... in that manner, I would advise that you take the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Yes, but to be consistent with other testimony.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: You can through the years and the sums, just-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Thank you, Deputy. Mr. Murphy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Final question there, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: All right ... and I don't want you speculating because you'll be put on record on speculation as opposed to actual factual basis. Deputy Doherty, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Thank you very much. I'll now move to wrapping things up. Senator D'Arcy, three minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Thank you very much. Senator Barrett?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Thank you very much. I just wish to wrap up with you, Mr. Murphy, please. And maybe a lot of discussion this afternoon was with regard to the past and the, sort of, corrections that were required and so forth. A part of the work of this inquiry is also to look to the future in terms of making recommendations so we don't revisit the errors of the past and the difficulties that come with them...

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: You share that with a few professions, I'd say, Mr. Murphy, and maybe you're in proximity to a few of them at the moment.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Okay, thank you very much, Mr. Murphy. With that, I'm going to bring matters to a close. I just propose that we just take a very, very short private session after this just to work out the, kind of, sequencing for something to eat and all the rest of it. I've just been on to the canteen services here and I'll just give information to members about that as well. So with that said, I...

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: I now propose that we return to public session is that agreed? Agreed. The Committee of Inquiry into the Banking Crisis is now resuming in public session and can I ask members and those in the public Gallery to ensure that their mobile devices are switched off? At our next session we will hear from Mr. Sean Mulryan, founder of Ballymore Group. This is one of several sessions in which the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Thank you for coming before the committee this afternoon, Mr. Mulryan, and if I can invite you to make your opening remarks please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Ciarán Lynch: Thank you very much, Mr. Mulryan, for your opening statement and if we can now proceed on to questioners and, in doing so, can I invite Deputy Michael McGrath to open up this session. Deputy, you've 25 minutes.

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