Oireachtas Joint and Select Committees

Thursday, 19 October 2017

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

Engagement with the Central Bank of Ireland

9:30 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Professor Lane has agreed to a meeting and to accept the correspondence that I have. The reason I am pushing this is that it sends out the wrong signals. I do not know this individual. He had no motive other than to do the right thing. What would other whistleblowers or risk managers in the banks say when looking at the example of Mr. Sugarman who is now not employed, in extremely poor health and so on? He questions the approach of the Central Bank and cannot fathom why the issue with such a large bank that was 20 times over the limit was not addressed.

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