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

Before Ms Rowland replies, I wish to take up the point made by Deputy Durkan. It seems from what Ms Rowland is saying that this issue came to light not through the Central Bank, but because people fell out, it became public and then the Central Bank was informed and the investigation ensued. That seems to be the way it happened.

My second question relates to the individuals to whom the Central Bank has spoken in the course of its investigation. Ms Rowland referred to the challenges the Central Bank experienced in dealing with these individuals and the culture within the bank and so on. Does she have confidence in Davy Stockbrokers undertaking what it deems to be an independent investigation or would she prefer the Central Bank to randomly select a number of accounts or transactions that it could examine to ensure that it can verify just what is going on? The attitude that this is the business of Davy Stockbrokers does not wash any more. The public are tired and fed up with it and want to see some action in this regard. Are these characters in Davy Stockbrokers capable of allowing an independent investigation to take place or does Ms Rowland think that in the interests of the State, the Minister or the Central Bank should engage in an investigation wider than that which it has conducted already?