Results 7,001-7,020 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: All right, thank you.

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

Ciarán Lynch: Thank you very much. I am going to move towards the wrap-up and before I bring in Senator D'Arcy and Deputy Doherty ... west Cork has been referenced a couple of times this afternoon, Mr. Duffy, and there is the kind of colloquial saying down there if somebody was to ask for directions they will tell you, "Well, I wouldn't start from here". Maybe your career, in arriving in AIB was a bit...

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: Yes.

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

Ciarán Lynch: And, because of the timing with Lehman's and everything else, that eventually, then ultimately became the guarantee and so forth, because of the business model that was in place in AIB at that time, if those events didn't actually happen, and maybe something else triggered the type of sequencing you're talking about, would the exposure to the Irish taxpayer have actually been higher, given...

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

Ciarán Lynch: Okay. So the intervention at that particular time, in or around ... or what was happening ... it was not an intervention, but the event that happened in 2008 determined the extent to which the bank was then exposed, but there was potential that, if that event didn't happen, that the event ... that the exposure could have been greater?

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

Ciarán Lynch: Okay, thank you. Senator D'Arcy.

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

Ciarán Lynch: Well, the witness can answer the question how he wants. You can ask the question.

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

Ciarán Lynch: Senator? Deputy Doherty?

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

Ciarán Lynch: Sorry, just in terms of reference now, Deputy, just remain within the terms of reference.

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

Ciarán Lynch: Very, very last question, Mr. Duffy. In your view, having been at the helm of AIB for a number of years now, given that the bank was a publicly owned ... or privately owned bank, it is practically now in full public ownership, and has potential to return to private ownership again, do you believe that it's in the best interest that the bank would now become a private bank once more, or would...

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

Ciarán Lynch: And that was just to bring me to a kind of space of recommendations. If there's anything further you'd like to add, or that you feel that you might like to comment upon before I close proceedings?

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

Ciarán Lynch: Thank you very much, Mr. Duffy. Just for members, there's just one item in regard to tomorrow's proceedings that has to be dealt with, so we just need to go into private session just for a couple of moments for that. What I'm proposing now is to suspend just for a few moments, to excuse Mr. Duffy before I make the suspension, to thank Mr. Duffy for his participation before the inquiry...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: I remind members to ensure their mobile phones are switched off as they interfere with the transmission of the proceedings and cause serious problems for broadcasting, editorial and the sound staff. I welcome the Minister of State at the Department of Foreign Affairs and Trade, Deputy Sean Sherlock and his officials. The purpose of this meeting is to consider Committee Stage of the Customs...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: Amendments Nos. 1 to 3, inclusive, are related and may be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: Amendments Nos. 6 and 7 are related and may be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: Amendments Nos. 8, 18 and 30 are related and may be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: Amendments Nos. 9, 11 and 12 are related and may be discussed together.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: Amendments Nos. 10 and 13 are related and may be discussed together. Acceptance of amendment No. 10 involves the deletion of section 9.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Customs Bill 2014: Committee Stage (28 Apr 2015)

Ciarán Lynch: This amendment was discussed with amendment No. 10. Acceptance of this amendment involves the deletion of section 11.