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:

It is, because subsequently I read an article in Villagemagazine.

It referred to the banking inquiry. This is item No. 11, issue No. 41 of Village, January 2016, and the cover story reads: "Cover-up upon cover-up". According to it, key witnesses and evidence had been omitted from the banking inquiry and a whistleblower was "preparing for a public battle". The article reads:

According to sources familiar with the document the whistleblower now claims the Joint Committee inquiry was "grievously incomplete" without hearing evidence from Jonathan Sugarman - a banker who approached the Central Bank in 2007 about significant breaches of legislation on liquidity ratio reporting by Irish banks and whose story has been recounted at length in the pages of Village.

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