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

Just one second. In this instance, for more than five minutes, it was 20 times over the limit and nothing was done. It sends out the wrong message. It is the complete wrong message. Mr. Sugarman came here and gave a convincing submission to this committee. He would contradict some of the things Professor Lane would say. I believe that a meeting relative to that case with Mr. Sugarman might bring some closure to it. However, I cannot understand why the bank was not sanctioned.

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