Results 25,561-25,580 of 35,894 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Mr. Gleeson, you suggested earlier, again ... and I just want to ask you, because obviously, you know, witnesses are under oath here-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: And I have no doubt about that there. But did you not suggest to this committee afterwards that nobody in Government circles suggested that you take over ... look at taking over Anglo Irish Bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Yes. There's another project, which is Project Indigo, which, I expect, refers to Irish Life, which was a takeover-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: I can understand the code names. But the generality of the ... this is what I'm finding ... if you could explain to the committee ... as chairperson, as somebody of the standing that you have, that you would not recollect a commissioned document reported to the board as chairperson that you would've seen, as you said, a couple of days before hand.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: That you could not recollect a takeover of Anglo Irish Bank, which was widely in the media at that time. Indeed the report ... the report itself says that Anglo Irish Bank would need in the region of ... what is it ... "Brokers are suggesting €3.0bn - €4.6bn [losses]-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Go raibh maith agat a Chathaoirligh agus fáilte roimh an tUasal Forde ag an fiosrúcháin. Mr. Forde, your opening statement says that "I was responsible for all aspects of the division's activity in accordance with the group policies". So, would I be right in assuming that in relation to the division in terms of the loans that were ... the policies that allowed loan ... large...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Okay. Who did the buck stop with? Maybe it's the best way ...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: I understand that. I just want to ask you this question, it says "I was responsible for all aspects of the division", so will you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: You do. You explained the risk policy and that's on the record.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Okay. Because-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: No, no, that's okay. I'm just trying to clarify it because you give evidence in terms of the risk policy committee and so on ... that you had no part in that which is very clear. But you did have responsibility in relation to overseeing the policies-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: -----that were in place.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: And in relation to the loan to value policy that AIB had in place around the period of 2007 and 2008, do you agree with the statements from Mr. Frank Daly and Mr. Brendan McDonagh yesterday, that in the ... in most cases ... in many cases, that it was actually 100%?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Would-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: The point that he makes is that, rarely if ever was it in the form of cash when they talk about the developers putting equity in place, and that's from Frank Daly's yesterday's testament.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Can I go to AIB B2, Vol. 1, page 35? And this is a request for approval of exception to the group large exposure policy limits. In relation to those policies - it'll come up on screen in a second, but just before I deal with the document - in relation to the policy documents, how extensive would they be? How many pages would they go in? How ... what kind of document are we looking at?...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Yes, I'm saying in relation to the document that would go to the board, how extensive would the documentation be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Pearse Doherty: Okay. Okay. So what we're seeing here ... we have a three-page document here with a note at the bottom of it which says, "only pages 1 to 3 were" ... "only 3" ... "only pages 1 to 3 were circulated to the board".