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

It strikes me that in his response, Mr. Drennan has almost made a case for an overall agency if the ODCE could not have been tasked with the matter of looking at audits. From the perspective of the ordinary layperson, which is what I would regard myself as in this regard, the full picture was not fully examined. This committee has received submissions which pointed out that in a court of law in a particular case only matters pertinent to the case can be examined, even where there are issues outside that that would provide the full picture. I strikes me that what Mr. Drennan said strengthens the case for everything to be under the one roof that the full range of potential catastrophic failure, particularly for this State and its people, would be fully examined, that all persons who had any hand, act or part in that failing would be examined. It is a case for an umbrella agency where there are defined roles but someone is up there in a helicopter, if one likes, ensuring that everything is being held to account.

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