Results 7,321-7,340 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Interference there.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Last question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Deputy Michael McGrath, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: There is a set amount of questions on what you are clarifying, just to be careful there as well.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Okay, thank you. Can I just round off one thing in regard to what Deputy McGrath was asking you there. Just by your own assessment, when the loan portfolio started coming over to NAMA - and Deputy McGrath was talking about the ... the exposure that different borrowers may have had to different institutions - did you see any protocols that were in the banks or practices that they were...

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Okay, thank you. Deputy Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Phone reverb there. Wherever it is coming from.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: I'll stop you there, Deputy. I'll just stop the clock for a second but there is a bit of phone interference coming from somewhere. It might not be ... it could be in the proximity to you or something, I'm not too sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Okay. Drive on Deputy Higgins; we'll try to sort it out as you're talking.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Technology can work now, okay. Please, Deputy?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: What percentage?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: I think that NAMA would be prohibited not under the legislation, nothing to do with this committee, but under NAMA's own legislation to be discussing individual portfolios but in a general context if maybe you could respond to Deputy Higgins's question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: I know that, but being in the public domain doesn't make it legally possible I think for NAMA to answer a question with regards to somebody who is on the books. Maybe Mr. McDonagh and Mr. Daly can clarify that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: That's a legislation requirement from NAMA it's not coming from this committee.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: There's nothing stopping you now, but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Thank you very much Deputy Higgins, Deputy D'Arcy and then we will proceed towards a break after that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: I wouldn't be putting words into Mr. McDonagh's mouth-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: To be fair as well ... public servants and other officials are not responsible for the actions of politicians. Politicians are responsible for the actions of politicians. So if a politician was there or not on the night, that was a decision by the political establishment. Mr. McDonagh is relevant to the information that he may have been provided or not. He is not accountable for a...

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Apr 2015)

Ciarán Lynch: Thank you very much. I now propose we go for a break but I just want to round up one thing before we go at quarter past. It's just in regard to lobbying. And when NAMA were putting in place ... and the whole issue of how the valuation model of NAMA was being put in place was going to reduce and result in a reduction in the valuation of the assets that were coming over to you and this was...