Oireachtas Joint and Select Committees
Wednesday, 27 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform
National Lottery Bill 2012: Committee Stage
3:20 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I am speaking directly to the issue. The Minister is well aware that we are told the issues raised are not in the remit of Departments and we are directed to the relevant regulator. The reason the citizen has come to the politician is because he or she cannot get an answer from the regulator. The fact that the new regulator will be funded by a private company, even though part of the problem in the financial sector was that the regulator went native, causes one to ask serious questions about how this could be construed as a good thing.
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