Results 6,901-6,920 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Has it been supplied to the witness, has it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Has it been supplied to the witness?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: If the witness isn't familiar with it, Senator, and if it hasn't been supplied to the witness I'd like ... there is a due process situation here. So maybe if you can ... you're quite willing and prepared to ... and you're quite free to respond to it ....

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Okay, so then if you could just quote core document AIB B1, page 13, item 6 - 14 to 1917 - that may actually be sufficient.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Yes. I really would be ... if documentation is going to be provided at these hearings that they come through the system so that we can actually have them -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Okay if you could just cite what it is so now and we will use it

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Reckless is leading now. You can ask as to the quality and the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Yes, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Sorry, unless you are using a quotation from somebody, Senator, I need you to pull up the document and say that is somebody saying that like, you know.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Yes but we reference it and produce it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Mr. Sheehy there, Deputy Murphy had raised the NAMA loan book with you. Could I maybe ask you, just to round that off, in relation to the loans acquired from AIB by NAMA, the overall discount rate amounted to 56% eventually. Would you like to comment upon that discount and do you think it was a high or low figure? Was the 56% haircut that was applied justified?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Okay. Thank you. Deputy Pearse Doherty. Deputy, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Just let him respond, Pearse, I'll bring you back in again.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: You are running out of time, Deputy, so I need your final, final question so I can close now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Final question, final response Mr. Sheehy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Okay, thank you. Final question, final response. I need to move on.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Can you just clarify ... just this single point for me. Did AIB have to be guaranteed? Forget about other banks' behaviours, other banks' balance sheets, other banks' position on the night. Did AIB require a guarantee that night?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Ciarán Lynch: Okay, thank you. Senator Marc MacSharry.