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Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Deputy, you are way over time. You will have another time to come in.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Okay, we are not going there. Senator MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Your final question, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: I now propose we will take a break until 5.15 p.m. Is that agreed? I would like to remind the witness that once he begins giving evidence he should not confer with any person other than his legal team in relation to evidence and matters being discussed before the committee. With that in mind I now suspend the meeting until 5.15 p.m. and remind the witness that he is still under oath until...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: I now propose that we go back into public session. Is that agreed? Agreed. Okay, we're now back in public session, and if I can call on Senator Michael D'Arcy please. Senator, you've ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: There's phone interference carrying on as well close by to you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: A supplementary, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you very much, Senator. Just check mobiles there. I'm just hearing a bit of noise coming off microphones there. Okay, next questioner up is Deputy Joe Higgins. Deputy, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Is that "2012/13 onwards", Deputy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Well, a supplemental now, Deputy, quickly.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you. Mr. Cowen, just before I bring in Senator O'Keeffe, I just want to clear up one thing. It's just in your witness statement there, 202, and it might be just a chronological error or maybe it's saying something else, but you say that on 4 October, Minister Lenihan received a letter from the ECB President, Jean-Claude Trichet. Now, in the documents that we have, the first letter...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: It's 202 in your own opening statement there. It's on the screen there.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: It's on the top of the screen there Mr.-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Okay and you might just if you can ... if you could maybe just, after today's proceedings maybe just do a double check in that because if there is another correspondence there, we would like to see sight of it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you very much. Okay, Senator O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Who said this?

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you very much. Senator Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Mind ... mind ...mind, Senator, or otherwise we'll all be going to the bathroom for a quick break.

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Sorry, stop the clock for one second. I am just getting reports there of ... there is broadcasting interference with mobile phones inside in the committee room, so I will be asking all members, it's not just sufficient to have your phone turned off when you are actually speaking, you are interfering with other people's contributions as well. You can put them on to safe mode and have them on...

Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)

Ciarán Lynch: Thank you very much, Senator.

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