Timmy Dooley (Clare, Fianna Fail) | Oireachtas source

I agree with Mr. Pakey's recommendation on the €100 million limit for group borrowing and we will make a similar submission to the Department on that. Is it Mr. Pakey's understanding that the board members of the subsidiaries will be appointed from the general membership of the group company or could people other than those who sit on the board or who are on the staff of the company at the moment be appointed by the chairperson to the boards of these subsidiaries?