Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman

10:00 am

Mr. Jonathan Sugarman:

I am glad the Senator raised that question. I must make this clear. If I were to be in possession of a single document such as the copy of the breach that I reported to the Central Bank, that would mean that I would be in breach of my contract with my employer.

Those documents are the possessions of my employer. I had no right to have made my own copies and would have been rightfully sued by my employer for doing so. What I do have, and this is part of what was redacted yesterday afternoon, is my correspondence with the Central Bank of Ireland. I still cannot understand why I was not able to give that correspondence to the committee in its entirety. It is lamentable that it took from 10 a.m. on Monday until an hour before the close of business yesterday to tell me that I could not present the committee with those documents.

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