Oireachtas Joint and Select Committees
Tuesday, 5 February 2019
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion
Pádraig Mac Lochlainn (Sinn Fein) | Oireachtas source
Everything that I have heard in the responses of the witnesses points to the need for an umbrella agency to join all the dots. I acknowledge that they highlighted that, ultimately, the Minister and the Government may need to reflect on that. In their considerable collective experience, do they consider it likely that there would be resistance within the ODCE or the Department to a cross-departmental umbrella organisation which would ensure all of the various elements are working together? I cannot over-emphasise that this State was bankrupted because of the utter recklessness of people we trusted in very important positions, as all present would agree. We must not allow that to happen again, particularly in light of the damage that would be caused our international reputation as a location for investment. The trial of Seán FitzPatrick was referenced earlier by Deputy Kelleher. Would the witnesses be resistant to or supportive of the concept of an umbrella agency?
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