Results 2,281-2,300 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: Yes.

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

Ciarán Lynch: Okay, thank you. So with that, I'd like to bring this session to a conclusion. In the ... prior to suspending for maybe just about five minutes as we, when we go back into private session. I'd like to thank Mr. O'Flynn for his participation this evening with the inquiry and for his engagement with it. And to now formally excuse you. So I now propose that we suspend for five minutes and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: The Committee of Inquiry into the Banking Crisis is now in public session, and can I ask members and those in the public Gallery to ensure that their mobile devices are switched off? We begin today's hearings with Mr. Paul Gallagher, former Attorney General. I would like to welcome everyone to the public hearings of the Joint Committee of Inquiry into the Banking Crisis. At this morning's...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Once again, thank you, Mr. Gallagher, for being here this morning, and if I can invite you to make your opening remarks to the committee please?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Thank you very much, Mr. Gallagher, for your opening statement and if I can invite the first member this morning to engage in his line of questioning and that's Deputy Joe Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Supplementary, Deputy, to wrap up if you will?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Okay, thank you. Just before I bring in Deputy O'Donnell, just on a related matter with the timeframe being earlier, Mr. Gallagher, you state in your own opening statement that "President Trichet had evidently made it clear that the Government should stand behind its banks, and that the banks were the State's responsibility." Can I ask you please to advise the rationale given to you to...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Can I just ask you to further clarify the, the earlier part of your response there Mr. Gallagher, because you're making it ... I just want to get it understood, that it wasn't a position whether Mr. Trichet said this or not, it would appear to say what you're saying this morning, this was a fact anyway?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: So can I ask you in, in your advice to the Government, did you believe the banks were the State's responsibility, and if so, what implications did that have for the sovereign?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: So just to clarify that statement that you made, that Mr. Trichet "had evidently made it clear that the Government should stand behind its banks, and that the banks were the State's responsibility", if Mr. Trichet had never articulated that position, was that a fact anyway?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Okay. Thank you very much, Mr. Gallagher. Deputy O'Donnell.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Allow a response now Deputy as well.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Thank you very much, Mr. Gallagher, and I'll bring Deputy O'Donnell back in as we wrap up. Just two matters before I move on to the other questioners. In earlier engagement with Deputy O'Donnell, you spoke about notes on the meeting of the night of the guarantee. If possible and if legally permissible, can you provide the inquiry with any contemporary notes of this meeting, which you did...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: So all those matters are addressed through your statement?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Thank you very much. Just one other item as well, Mr. Gallagher, earlier this morning when we were discussing matters with you, you stated that in June, the draft legislation - this is the nationalisation legislation - was redirected to cover more than one ailing bank.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Yes. This would seem to coincide with the NTMA's refusal to put deposits into Irish banks and can I ask you to comment, was this cognisant of that fact or was that just a coincidence and what was your contact over this period directly or indirectly with the NTMA?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: To your knowledge. Thank you very much. I'm going to invite Senator Susan O'Keeffe. Senator, you've seven minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Certainly-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Ciarán Lynch: Thank you very much. Next questioner is ... just a minute. Senator Sean Barrett.