Oireachtas Joint and Select Committees

Thursday, 20 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion

10:25 am

Photo of Dara MurphyDara Murphy (Cork North Central, Fine Gael) | Oireachtas source

I ask Mr. Walsh to be a bit more specific because my time is limited and the Chair tends to be strict. Neither witness mentioned debt forgiveness or write-downs. Bearing in mind the insolvency legislation that is currently before the House do they not see their role as ensuring that the clearly stated ambition of the Government in terms of providing debt write-downs or forbearance is delivered? Surely it is their job at board level to ensure that the voice of the ordinary citizen is heard when people like Richie Boucher say there will be no write-downs of debt. They are the only two individuals who can do that in Bank of Ireland.

Comments

No comments

Log in or join to post a public comment.