Kieran O'Donnell (Fine Gael) | Oireachtas source

This could potentially be the biggest consumer scandal in the history of the State. It has echoes of the DIRT scandal when the banks had to be dragged kicking and screaming to deal with it. As Governor of the Central Bank and the regulator of the banks, the ordinary person puts trust and faith in Professor Lane to play these roles. Are there powers that need to be provided for the Central Bank to enable Professor Lane to carry out his roles to seek proper redress and compensation for the 13,000 people involved and to enable the bank to insist on the banks dealing with the customers who have been impacted on? Will Professor Lane, please, answer that question directly?