Day 213 – 24Th November 2000
THE HEARING RESUMED ON THE 24TH OF NOVEMBER, 2000, AS FOLLOWS: . CHAIRMAN: Good morning everyone. MR. HANRATTY: The next witness, Sir, will be Mr. Michael Laffan. Mr. Laffan please. 00002 . MICHAEL LAFFAN, HAVING BEEN SWORN, WAS EXAMINED BY MR. HANRATTY, AS FOLLOWS: . 1 Q. MR. HANRATTY: Good morning, Mr. Laffan. A. Good morning. 2 Q. Mr. Laffan, I believe that you were the Chief Executive of Century Communications Limited? A. That's correct. 3 Q. And am I correct in thinking that you commenced on the 1st of May of 1989 in that capacity? A. That is correct. I commenced on the 1st of May. 4 Q. And did you - were you engaged by Century Communications Limited on the basis of a three year contract? A. That is also contract. I had a three year contract with Century Communications Limited. 5 Q. Am I correct in thinking that you were, in fact, approached by somebody on behalf of Century to see if you would be interested in the position? A. Yes, that's correct. I was approached during February and March of 1989 at a time at which I was already well settled in an existing position with an international company. 6 Q. Was that Electrolux? A. Yes, I was Managing Director of the Electrolux Group in Ireland and had been for a number of years. 7 Q. Yes. Can I just briefly ask you what position do you now hold? A. I am now a company director. 8 Q. Yes. Can you just briefly tell us what you understood your duties and responsibilities would be in your capacity 00003 as Chief Executive of this company? A.
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