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Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Thank you, Dr. Somers. Senator Marc MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Which Taoiseach was that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: It was May 2008 onwards.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I will.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: You can use just general terms at the moment. We can see if it needs to get specific then, Mr. Somers. Go on.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Coming where? Politically or?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: From Cabinet or-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: And what period was this, Mr. Somers?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I suffer with that myself. That's fine. Just to wrap up there, Senator MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: I'm going to propose that we just take a very short comfort break for about three minutes at which time we'll actually resume and in doing so, just remind the witness that he's still under oath and that if you wish to talk to your counsel during that time, you can. This is a three-minute comfort break. Thank you. Okay. Suspend. Sitting suspended at 7.29 p.m. and resumed at 7.33 p.m.

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: We are now back in public session with Dr. Somers. Dr. Somers, maybe if you could just clear up that matter who is-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Were ... can you just clear up the matter of which financial institution that was and what director was it? Was it a public interest director or was it ... the appointment ... you were on about the appointment of a director to a bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Right, okay-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Yes-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: -----quickly and we'll just move on because we will get it dealt with when we get it. What was the financial institution and who was the person?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: At what date?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: At what date, at what period?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Prior to the guarantee or post-guarantee?

Committee of Inquiry into the Banking Crisis: Nexus Phase (9 Jul 2015)

Ciarán Lynch: Okay. Right, I'll park it there so, thank you. Right, the next questioner is Deputy John Paul Phelan.

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