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Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Ciarán Lynch: Thank you very much. Mr. Gantly, just to wrap things up, if I can ask you in your role as treasurer of Permanent TSB, do you believe you performed your duties in the best interest of the company at all times?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Ciarán Lynch: What, if anything, do you consider you could have done better during that period?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Ciarán Lynch: What, if anything, if at all, do you consider you could have maybe have done better?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Ciarán Lynch: Sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Ciarán Lynch: Is there anything you'd like to add by means of closing comment or further remarks, Mr. Gantly?

Committee of Inquiry into the Banking Crisis: Nexus Phase (3 Sep 2015)

Ciarán Lynch: With that said I would like to thank you, Mr. Gantly, for your participation here this evening, for your own co-operation in the late sitting this evening and for your engagement with the inquiry. I now formally excuse you. In doing so, I wish to say that the meeting is now adjourned until 2.30 p.m. on Tuesday, 8 September 2015. Is that agreed? Agreed.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: As we have a quorum, the Committee of Inquiry into the Banking Crisis is now resuming in public session and can I ask members and those in the public Gallery to ensure that their mobile devices are switched off. Our focus today is on ... we begin today with session 1, public hearing with Mr. Michael Fingleton, former chief executive of the Irish Nationwide Building Society and, in doing...

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Before hearing from the witness, I wish to advise the witness that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect to their evidence to this committee. If you're directed by the Chairman to cease giving evidence in relation to a particular matter and you continue to do so, you are entitled thereafter only to a qualified...

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Thank you, so if I can invite Mr. Fingleton to make his opening remarks to the committee please. Mr. Fingleton.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Thank you again, Mr. Fingleton, for your co-operation with the direction by the committee to come before us here this morning. And I'll open up questions by inviting our first questioner this morning, which is Deputy Pearse Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: It'll come up on the screen in front of you as well, Mr. Fingleton.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: It will come on the screen for you there in a few moments. Oh sorry, it won't.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: It won't, no.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: We going to start moving to wrapping up, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: I will invite you back in at the end, Deputy, when we are wrapping up. Deputy Kieran O'Donnell.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: I haven't started yet, Mr. Fingleton.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Don't make a judgment there now, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Can I ask you, Deputy, just to get to ... to ask Mr. Fingleton to clarify the purpose of that meeting?

Committee of Inquiry into the Banking Crisis: Nexus Phase (2 Sep 2015)

Ciarán Lynch: Yes, it's the fourth page of an overall letter from the Financial Regulator.

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