Oireachtas Joint and Select Committees

Wednesday, 26 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Central Bank

3:20 pm

Photo of Thomas ByrneThomas Byrne (Fianna Fail) | Oireachtas source

I have no doubt that we will find out everything possible from the Professor Honohan and the Central Bank of Ireland. The committee has powers to obtain the necessary information. However, I am concerned about the European Central Bank - Professor Honohan is a member of its governing council - and what it was doing at the time of the bailout. Is Professor Honohan not of the view that he should go to Frankfurt and act as an advocate on behalf of the people of Ireland who want answers? Should he not say to his colleagues on the governing council that they must attend?

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