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

We have lost our sound feed to the Central Bank officials, but we have reached the end of this meeting in any case. I apologise to members that we could not get to the insurance issues, as outlined by Senator Casey, Deputy Mairéad Farrell and others, but we will return to that quickly. In the interests of members, on the insurance issue we may raise a number of questions for immediate answer and, perhaps, set an early for engagement with the sector on the issues.

In regard to today's meeting, there exists still a cosy group that allows seamless transfer from inside to outside, from Government agencies into banks and other entities. They seem to be acting as untouchables, based on the culture we have seen exposed here through the Central Bank report. I would still like the Central Bank to investigate a random sample of transactions to determine what went on in Davy. Earlier, we agreed that we would invite Davy to come before the committee to explain its position and what it intends to do about it. I ask Davy to consider this invitation and the transcript of this meeting, which will be sent to them. If they wish to respond in any way to the questions asked by members or the issues raised, they should do so. It is time we took down the veil of secrecy around all of these matters and brought them into the public domain. My remarks are not pointed at the Central Bank, but at all of those involved in banking and in Davy.

We have gone over time. I thank the witnesses for attending today.