Results 3,061-3,080 of 7,082 for speaker:John Paul Phelan
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Sorry, that's not the case-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: I'm referring to the evidence that was given to the inquiry already by Mr. Goggin and Mr. Burrows.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: It's been asked of several witnesses, it's been covered in extensive media coverage of the inquiry.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: And I'm asking the man who chaired the meeting did he ask a question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Yes, yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: That is my question. Why on the night in question, when you were chairing ... I'm not talking about capital injections in general, I'm talking about taxpayer-funded capital injections. Why wasn't ... why didn't somebody ask that question? Because that's ultimately how the ... what the taxpayer was put on the hook for?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Thank you Chairman. Good afternoon, Mr. Cowen. Briefly at the start, in relation to the G7 phone call, it's been asked ... referred to already a lot, but I'm just interested to know, did you speak with any of the other European Heads of Government who would have been involved in some of those discussions at least, Mrs. Merkel, Mr. Sarkozy, with regard to the veto issue, as discussed earlier?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Why did you not?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Can I turn now to the issue of the legislation surrounding financial regulation? There was an initial proposal in 2005 for a modernisation and simplification of the legislation which was announced in 2006 to bring all the legislation for different ... the different financial industries within the same regulatory framework. Can you outline for the inquiry what happened to these efforts...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Can I ask you, in relation to the evidence that you've given today and, indeed, the last day that you were here, you stated time and again that you relied on advice from a number of sources, particularly the Central Bank and the regulator. Post-nationalisation, why didn't you ask for resignations, be it from the regulator, from the Central Bank, senior executives within the banks themselves,...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: I understand that but, I suppose, the point I'm getting at is in the interests of accountability was there not an opportunity then for the Government ... maybe not you directly, but the Minister for Finance, acting in consort with yourself, to say, you know, these people whose advice we relied upon in the case of the regulator and the Central Bank, they've made errors, they've missed certain...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Did you see the evidence of Mr. Cardiff in ... where he referred to concerns that Minister Lenihan had about Cabinet confidentiality? And, if you did, what did you make of it or what ... were you aware of those concerns yourself at the time? I want to put the direct quote from Mr. Cardiff's witness statement to you. He said: During his time as Minister for Finance he was concerned that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Did you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Did you have any such specific concerns yourself-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: -----about members of the Cabinet?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Do you believe that the members of the Cabinet at the time did all act in accordance to what you've just said?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: Okay. Can I ask you now in relation to the decision of the Government to appoint Peter Bacon to recommend options for property and developers' loans in that crisis period before the establishment of NAMA? I remember questioning him about it myself when he gave evidence, when I asked him was he procured under the normal procurement process that would apply to such appointments. He said that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: I'm not really asking you question his professional integrity, but I'm saying was it-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: A potential for a perception of conflict of interest.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (8 Jul 2015)
John Paul Phelan: We have to deal with perception.