Oireachtas Joint and Select Committees

Wednesday, 25 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

2:50 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

It is regrettable that I must follow up on the point about Anglo Irish Bank. It appeared in the media yesterday, in advance of a very important discussion here on mortgages. It must be cleared out of the way, so I have a couple of questions about it. Did the Central Bank already have on file the Anglo Irish Bank tapes that were put into the public domain three months ago and did it seek legal advice? The response Professor Honohan gave to Deputy McGrath is not conclusive or detailed enough, so he might elaborate on it. He made the point about being honest to the general public. The public put more than €30 billion into this bank. These are ordinary people. This is nothing personal, but I am angry about this, particularly in view of the mortgages issue. Perhaps Professor Honohan would deal with that point on Anglo Irish Bank. The mortgage crisis has been ongoing for the last five years. It is taking too long. Will Professor Honohan deal with the question on Anglo Irish Bank and give us the reason why, as distinct from an observation?

Comments

No comments

Log in or join to post a public comment.