Results 2,341-2,360 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: I'm going to bring matters to conclusion. Is there anything else you'd like to add, Mr. Gallagher, before I close the session-----

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

Ciarán Lynch: In that regard, given the earliness of those deliberations and the matters you relate to ... by the former Finance Minister, Brian Lenihan, would it be an accurate assumption to say that we were actually bounced into a bailout programme or did it mean that we were inevitably heading in that direction? Or maybe timing was an issue, but we were ... that bouncing wouldn't be a fair reflection...

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

Ciarán Lynch: Okay, thank you very much, Mr. Gallagher. I'm going to now take a suspension. Before I do, I'd like to thank you for your participation before the inquiry here today and your engagement with it. It is unprecedented, it is the first time, I think, a former Attorney General has ever spoken before a committee in this House and I'd like to thank you for your co-operation and assisting in...

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

Ciarán Lynch: We now will return into public session, if that's agreed, and we ... with our next hearing with Mr. Pádraig Ó Ríordáin and Mr. Eugene McCague of Arthur Cox law firm, legal advisers to the Department of Finance. The Committee of Inquiry into the Banking Crisis now resuming in public session, and can I ask members and those in the public Gallery to ensure that their mobile...

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

Ciarán Lynch: Once again, welcome Mr. Ó Ríordáin and Mr. McCague to the committee this afternoon, and, in whatever sequence you wish, I'd like you ... to invite you to make your opening remarks, please.

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

Ciarán Lynch: Thank you very much. Okay, with that said, if I ... Mr. McCague, please.

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

Ciarán Lynch: Thank you very much, Mr. McCague. So, with both opening remarks made, I now invite Senator Marc MacSharry to open the questioning today. Senator, you have 25 minutes.

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

Ciarán Lynch: Okay. Thank you very much.

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

Ciarán Lynch: Deputy John Paul Phelan.

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

Ciarán Lynch: Thank you very much. Our next questioner is Senator O'Keeffe. Senator, you've ten minutes.

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

Ciarán Lynch: Phone interference there, Senator.

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

Ciarán Lynch: Quickly.

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

Ciarán Lynch: Senator Barrett.

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

Ciarán Lynch: Thank you very much. The next questioner is Deputy Kieran O'Donnell. Deputy O'Donnell.

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

Ciarán Lynch: I'll just move to wrap things up and then I'll invite Senator MacSharry and Deputy Phelan back in and then Mr. Ó Ríordáin and Mr. McCague. If I can just deal with one issue, and either or both of you or just one of you might be able to answer this for me, and that relates to the issue of: did the draft legislation provide for a blanket guarantee at the time of engagement?

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

Ciarán Lynch: Yes.

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

Ciarán Lynch: That would be ... it wasn't explicit or implied to you at that time it was going to be a blanket guarantee, no?

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

Ciarán Lynch: Okay thank you. Also then to ask, and it just comes back to Mr. McCague's opening statement of today where he talks about representatives of AIB and Bank of Ireland were invited back in and informed of the position. If I could ask you Mr. McCague, is it your view that both AIB and Bank of Ireland were made aware that there was a decision to guarantee the banks prior to them leaving...

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

Ciarán Lynch: Explicitly?

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

Ciarán Lynch: Okay, and was that a blanket, all-inclusive guarantee that they were informed of or was it a general concept?