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

Kieran O'Donnell: And did ye ... at that meeting, what did ye discuss? Did ye discuss banking?

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

Kieran O'Donnell: Why didn't ye discuss banking?

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

Kieran O'Donnell: I mean, banking is-----

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

Kieran O'Donnell: Sorry. Why didn't ye discuss banking considering it's such a large element of the Irish economy?

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

Kieran O'Donnell: So what was on the agenda?

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

Kieran O'Donnell: And do you think it's credible, Mr. McGann, from the public looking in that - that was two days after Mr. Quinn would have written to Anglo about the contracts for difference, you had the share price falling in Anglo the previous March, tightening of credit within the banking system, the banking system being such a, I suppose, key driver of the Irish economy - that banking wasn't discussed?

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

Kieran O'Donnell: And was it said it was off the agenda?

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

Kieran O'Donnell: And did ye follow up? What time did that meeting conclude?

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

Kieran O'Donnell: And did ye meet up thereafter?

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

Kieran O'Donnell: And what did ye discuss at dinner?

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

Kieran O'Donnell: So, throughout that entire period, how long would you have spent in Mr. Cowen's company?

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

Kieran O'Donnell: So throughout four and a half hours, there was no mention ... amongst, we'll say, yourself, Mr. Cowen, Mr. FitzPatrick, Mr. Drury and Mr. Gray, there was no mention of any nature regarding banking of any description.

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

Kieran O'Donnell: And can I ... and Mr. McGann, do you accept that people would find that difficult to accept and understand in the context of the time?

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

Kieran O'Donnell: And in the context, Mr. McGann, that you were a board member of Anglo. We'd the chair of Anglo in - Mr. FitzPatrick. We had the former member in, Alan Gray, former member, Fintan Drury, both in Anglo - Mr. Alan Gray, a member of the Central Bank and the Financial Regulator. Do you think ordinary people looking in would feel that it defies logic and credibility that you didn't discuss...

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

Kieran O'Donnell: All of them are credible.

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

Kieran O'Donnell: Well, explain why they're contradictory.

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

Kieran O'Donnell: You ... there was a previous dinner held by Anglo back on 24 April '08 with Mr. Cowen as guest. Did you discuss banking at that dinner for Mr. Cowen?

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

Kieran O'Donnell: Did you make a presentation?

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

Kieran O'Donnell: So what was discussed at that dinner, Mr. McGann?

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

Kieran O'Donnell: So no discussion around either Anglo Irish Bank, even though it was-----

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