Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Well, I think that many people would struggle to understand the complexities here of the reporting. I was trying to come up with an analogy, perhaps. It's ... if I just put this to you and ask you to comment. That you were asked to do a mechanical audit on a juggernaut. So the engine is okay, the wheels are fine, the suspension and body work okay. The truck is overloaded a bit but the ... you tell the driver that. And the driver knows this. So you pass the vehicle. Now, you know the road ahead goes downhill, that it has precipices on each side, that the brake won't be able to check the extra weight. But you're not allowed to flag that in a significant way until the truck goes over the precipice. Is that any way of relating to the rules that you are bound by?

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