Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Do you know was there ever parliamentary authority for that? Because here, I've never heard in my short time, a law being brought in and you can ... be implemented by principles, there are no penalties; say, you can, kids can go to school or not if they like, you can drive fast or slow if you like. Was Parliament expressly consulted on this non-statutory regulation of financial institutions, which cost us €64 billion afterwards?

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