Results 6,041-6,060 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: This is your own view now, Deputy Higgins, is it? Or are you proposing that this is-----

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

Ciarán Lynch: -----a proposition to be tested?

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

Ciarán Lynch: It's a proposition to be looked at.

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

Ciarán Lynch: A question, Deputy?

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

Ciarán Lynch: All right, Deputy, I'll have to move on. Just developing on the analogy of Deputy Higgins and the red flag being waved and all of the rest of it, I don't know who was holding the flag at the time, but can I put the question to you? Are auditors like the NCT, that you go in every 12 months or two years to check out that everything's okay under the bonnet?

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

Ciarán Lynch: Okay. Would there be a lot less crashes on the road if the NCT were like auditors or not?

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

Ciarán Lynch: Okay.

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

Ciarán Lynch: Okay. Fair enough. Deputy Doherty.

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

Ciarán Lynch: Just reference that, where you are coming from.

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

Ciarán Lynch: I'd be mindful that the witnesses haven't seen the NAMA core documents that we would be in possession of. But the figures would be NAMA records that would have been provided to this committee. So the Deputy is just testing-----

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

Ciarán Lynch: What was the date of that?

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

Ciarán Lynch: Can I just return to one section there with your engagement with Deputy Doherty, Mr. Dobey, where you stated that there were unenforceable securities in AIB and that you recommended to AIB to increase the loan provision.

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

Ciarán Lynch: Okay, because I was maybe just picking up on an incongruence there that, with your earlier questioning with Deputy O'Donnell, could this have been done under the IAS 39 if the loan was not impaired?

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

Ciarán Lynch: Senator O'Keeffe.

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

Ciarán Lynch: Just to double check there, would you-----

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

Ciarán Lynch: That's okay.

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

Ciarán Lynch: Can you just cite it there for us in the book, Senator?

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

Ciarán Lynch: They may not have that book, now, so I need to be mindful to committee members .... that witnesses have to be given foreknowledge.

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

Ciarán Lynch: The question is made. Mr. Dobey or Mr. O'Rourke, or each.

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

Ciarán Lynch: Okay.