Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank of Ireland: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

That is fair enough. The last thing that we would want to do is prejudice the actions or potential actions of the Central Bank, however, when taxpayers and members of the public see a fine being issued of €4.1 million yet the CEO who was involved was able to continue in his position for many years and individuals profiting as a result of this, we want to know whether the Central Bank has concluded its enforcement action or whether there is potential for individual sanctions in respect of this. Will Ms Rowland clarify to the committee whether resignation from J&E Davy prevents the Central Bank from pursuing individual accountability in relation to these matters, if it so wished?

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