Oireachtas Joint and Select Committees

Thursday, 10 May 2018

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

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

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

I thank Professor Lane. On 10 January he wrote to the committee about the meeting we had had with Mr. Jonathan Sugarman. That issue has not gone away. I was delayed in preparing a minute, but I have it now. I will be circulating it to him and coming back to him again on the issues he raised, particularly the issue of him being told by senior managers in the bank not to report further breaches of the regulation, which I found particularly shocking. I will deal with it in my correspondence to the Governor and other committee members.

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