Results 5,981-6,000 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: I didn't know you were broadcast that far, Mr. Burrows, thank you very much. Mr. Crowley -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: -----maybe you could go a bit further geographically.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: A bit of order, please. I'm just getting order, Mr. Crowley.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: With that said, thank you both, Mr. Crowley and Mr. Burrows. I would like to thank the both of you for your participation here today and with your engagement with the inquiry. I now state that the witnesses are excused and that we suspend until 2.45 p.m. at which time we will resume to hear from KPMG. Is that agreed? Agreed.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: So I now propose that the committee return back into public session. Is that agreed? Agreed. Okay. And this afternoon's session is a public hearing with Mr. Terence O'Rourke, former managing director, KPMG, and Mr. Paul Dobey, partner, KPMG Financial Services. The Committee of Inquiry into the Banking Crisis is now resuming in public session and can I ask members and those in the public...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: So once again to thank Mr. O'Rourke and Mr. Dobey for being here this afternoon with us, and if I can invite you, in which either order you choose, to make your opening comments and statements to the inquiry, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Thank you, Mr. O'Rourke. I call Mr. Dobey.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Thank Mr. Dobey and thank you, Mr. O'Rourke, for your earlier statement. Just to restate as well that your purpose before the joint committee is to give evidence relating to your roles as partner and lead engagement partner at KPMG. So it's not just about what KPMG were doing but your specific roles actually inside there. So with that said, if I can invite Senator MacSharry. Please,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: That is coming up on the screen, okay, that's page 11 to 14, KPMG audit committee, 3 November, it's coming up now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Page 17 of KPMG, annual report and financial statement 2011.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Senator-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: If you get the question ... I will be bringing you in at the end. You'll get some more time later towards the wrap-up.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Well, if you don't know whether you can ask it maybe ... we'll be taking a coffee break later and you can find out if you can ask it or not.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: I'd say we'll move on the next questioner. I just want to deal with the dividend issue there before I move into Senator D'Arcy, and just bring you to core document ... page 33, it's the minutes of the board's meeting of AIB in December 2008, and, Mr. Dobey, you were speaking to Senator MacSharry there a while ago, with regard to the appropriateness or inappropriateness of the view of AIB on...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: It is, that's why I'm asking you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Okay, ah, but the ... and I know that, I'm not asking you for a view of Mr. Gleeson's opinion but, as an auditor, I would imagine that you would've been looking at the group management accounts and how would you have interpreted the group management accounts?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Thank you. And just on the issue of the 30 loan concentrations, might that have had an influence on the going concern consideration?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Okay, thank you, Mr. Dobey. Senator MacSharry. Sorry, excuse me, Senator D'Arcy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Including property experience as well, yes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Include property experience as well, at the bank.