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

We do not have time to do it now but I will flag another issue for Mr. Makhlouf, namely, credit unions and the regulation I believe is strangling them. I will send him a number of questions regarding the information he has on the minimum bid rate and how it was applied in terms of contracts in the banks. I presume that he will have numbers on that type of contract, for example, how many were issued by each bank. I will provide the detail. I do not expect him to answer the question now.

I also wish to get a written response on two other matters. I met with Jonathan Sugarman, as did Governor Lane, during his tenure at the Central Bank. There are still outstanding questions in the context of how he was dealt with. It is a bad reflection on the Central Bank that he was treated in the way he was.

The last issue concerns the EBS tied agents, which is something that will not go away. I want to explore some questions with Mr. Makhlouf on that. I will provide him with all of that information and then I might seek a meeting with him. I was pleased to meet him this morning before this meeting. We will visit the Central Bank and chat to him there. That will give the other members of the committee who have not been there the opportunity to chat with him as well. We want to see where he stores all the cash.