Tuesday 17 October 2017

What Neary said . . .

"Mr Drumm was in possession of facts. I was in possession of absolutely no facts." "My recollection of this meeting was that it was special, low key. Mr Drumm had something to convey to me that was personal in nature." "To cut to the gist of it, I did not keep a note of the meeting." "Our focus at that stage was to remedy the situation in Quinn Insurance" "We were in problem-solving mode at that stage." "I think I may have said they should release the guarantee (by Quinn Group to repay loans to Anglo Irish Bank)." "I respect that and didn't feel it would be fair or appropriate to tackle a person about his own investment portfolio."

Irish Independent

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