Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

While I understand certain investigations are ongoing, I have been a strong advocate for individual accountability. With Professor Lane exiting his position in the next few weeks, is there anything the committee or the Oireachtas should do to ensure, if there was to be another scandal like the tracker mortgage or banking crash, individuals would be held to account in a clearer way and beyond what was recommended in adopting the British model here? Are there other measures we need to put in place? It is an issue that is raised with me consistently and which bugs many ordinary people. If someone does not have a television licence, he or she can be up in front of the courts. However, €665 million had to be given back to 40,000 customers and years later we still do not even know if an individual will be held to account. I understand the Central Bank must work with the rules. I have always been of the view that the problem is that, as legislators, we have not brought in rules to make it clear-cut that somebody involved in activity such as the tracker mortgage scandal will be prosecuted more easily. Is there a proposal which the Central Bank could provide for the committee or does it believe the legislative framework in which it operates is robust enough?