Results 4,321-4,340 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: He'll explain.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: I'll give you room to explain the steps.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Sorry, Deputy-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: -----you're out of question time. I'll bring you back in-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: No, no, no.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: I'm going to let ... sorry, Deputy, I'm going to let Mr. Doyle answer this question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: I'll bring you back in in the wrap-up because you'll have other time, and then I'll bring in Deputy McGrath. Mr. Doyle, please complete the question and then we'll move on.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay, thank you. Just before I bring in Deputy McGrath, can I just ask you one question, Mr. Doyle, and that is, was there any prepared documentation or draft Bill or draft legislation in the building on the night of the guarantee that was proposing or suggesting the nationalisation of a financial institution?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: So, because we've had heard discussions that there was some legislation prepared earlier in the year, we want to ensure what that's for. Are you saying this evening, that once the meetings were taking place around the guarantee, that somewhere here in Dublin, there was a draft of a Bill to nationalise a bank if a decision was made in the room that night potentially to nationalise the bank,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay. And on the night of the guarantee, was that legislation ... were ... was the Minister for Finance or the Taoiseach or yourselves, cognisant of that draft Bill? Was it specific to the discussions that was taking place and at any time during the night was it discussed that there was, that there was legislation that could enable the nationalisation of a financial institution?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay. Anglo was subsequently nationalised in the following January or in and around that period. The Bill to nationalise Anglo in or around that January, was that similar or more or less the same Bill that was in waiting or available on the night of the guarantee?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: So, very final question on that. Was there legislation available and prepared enough that could have advanced the nationalisation of Anglo or another financial institution on the night of the guarantee?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay. And was it discussed in the discussions over the course of the evening that that was available?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay. Thank you-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: -----Deputy McGrath.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay, and ... yes, and I would encourage that as well.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: You can, indeed.

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Before you just commence can you tell who it's to and whose name is at the end of it, Mr. Doyle, please?

Committee of Inquiry into the Banking Crisis: Nexus Phase (17 Jun 2015)

Ciarán Lynch: Okay.