Oireachtas Joint and Select Committees

Tuesday, 19 February 2019

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018: Discussion

Photo of Pádraig Mac LochlainnPádraig Mac Lochlainn (Sinn Fein) | Oireachtas source

I have to ask the question. If members of the public were here, they would want to ask it. Perhaps we will get more light in the documentation and we will revisit this on another day. However, I leave that question hanging there as it is a question that is asked regarding the show trial of one individual and whether there is an issue where other bodies gave these institutions clean bills of health. It is a little like when one travels in an aeroplane.

One trusts the pilot can fly the plane, one puts one's life in his or her hands. We put a lot of trust in people much of the time. In this State, we put our trust in people who presented themselves as professionals who conducted audits and gave organisations clean bills of health. We, and investors, put our trust in them. It seems there may be more work to do in this area. I will leave the question hanging there as the officials cannot be drawn into specifics but maybe we can revisit the matter again.

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