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

No, we will take up Mr. Burgess's suggestion on that. However, it is very difficult for anyone commenting, or for us as public representatives, to get a feel for what is happening in the economy, in society or with the borrowers without having this wide ranging information on vulture funds and the entities that represent them. We have to get to that point. The feeling on this committee is so strong on that, that we are preparing a motion for debate before the House on the matter. Our intention and commitment to getting that type of transparency is such that we will not let it go. They will have to come before the committees, they have to be answerable and transparent.

It was stated earlier that the conditions and protections of the loan travel with it; they do not. I had an exchange with the Governor of the Central Bank, Professor Lane, on the most recent occasion he came before the committee. For him to say what was said about the situation was totally naïve. One is just not informed if that is the view one has. I am not saying that about Mr. Burgess.