Results 6,241-6,260 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, so just staying with the stated accounts, Mr. Cullen, you're on record earlier this evening as saying that the accounts were not an insurance policy or a picture for the future, Mr. Fitzpatrick with a question with Deputy Phelan and others, have spoken at length detailing the skill sets and experience of the auditing team. So in that regard, did the auditors not think, and being aware...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: I'll repeat it, if you want.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: We'll go back to the very, very start of this conversation. You're saying that Deloitte were aware of the risks, i.e. the concentration levels, and that these were detailed in the accounts. Now, we went over Ulster Bank's explanation as to whether they saw the risks or not saw the risks. But I'll move back to what I'm asking you now. Is ... we've spoken at length, I ......

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay. Even with the full knowledge of time you would still think that they were accurate at that time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: And I'm not looking back ... 20:20 may be hindsight-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay. Thank you. Deputy Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Please, just be mindful here now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: ... please, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: This is a supplementary now, Deputy, to wrap it up.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: All right.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: All right. Okay, thank you, Mr. Fitzpatrick. Senator Barrett. Ten minutes, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Have you the document there?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Senator, Senator, I ask you ... Senator, Senator, please. Excuse me one second you can refer to the Chair, Senator. I would ask you to be more measured and more ... directed in questionings towards Mr. Fitzpatrick and Mr. Cullen, rather than taking maybe value judgments or implied value judgments either in this jurisdiction or in other jurisdictions. So I would ask you to reframe your...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Senator MacSharry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Could you just reference that bit for us?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Sure, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Or maybe reference it first and then give it to us.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, I don't know if the witness is familiar or not with it but we'll get the question now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Well, okay, I might allow some space for it, Senator, and I'll bring you back in. It is a part of the job of this inquiry is to provide recommendations at the end, maybe look at activities in other jurisdictions, such as Sarbanes-Oxley, as you've mentioned already, and to see how other practices may be ... may be examined in terms of recommendation for this committee's work. So back to yourself.