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

Ultimately, the NTMA is charged with managing State funds. The question must be asked of whether there was a bonus structure within State Street bank that facilitated and encouraged those individuals to be reckless.

The issue for the Committee of Public Accounts is the public purse. They ripped off €3.2 million of taxpayers' money under the radar, so to speak. They have not paid anything of the money that was in the ownership of the Irish taxpayer. Based on the report produced by the financial regulator in the United Kingdom, which is clearly damning of what happened, and in terms of the attitude taken by these individuals and their talk of being creative and, I repeat, their comment, "Here is what I think we should do with our new best friends", which is the NTMA, there is a need for-----