Sean Barrett (Independent) | Oireachtas source

While it was to be expected that the building and auctioneering industries would not like the proposed rules, the banking sector must support rules that ensure we will not have bank busts. I am pleased, therefore, with Mr. Duffy's response.

In the reports compiled on behalf of the Committee of Public Accounts and Comptroller and Auditor General, Professor Honohan was especially concerned that accountants in the previous era did not have an accurate view of what was occurring in the banks. Allied Irish Banks has changed accountants recently. Is that correct?