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

11:35 am

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

All Stages of the personal insolvency legislation were voted through this House last night. The Minister, Deputy Shatter, is on the record as saying that he foresees debt forgiveness as part of that legislation. The chief executive of the Bank of Ireland has publicly and categorically ruled out any such debt forgiveness. As public interest directors, do Mr. Considine and Mr. Walsh support Mr. Richie Boucher categorically ruling out debt forgiveness as part of the engagement with the personal insolvency legislation?

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