Oireachtas Joint and Select Committees
Tuesday, 16 October 2012
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Scrutiny of EU Legislative Proposals: COM (2011) 778 and COM (2011) 779
2:15 pm
Damien English (Meath West, Fine Gael)
Link to this: Individually | In context | Oireachtas source
Yes, but even in this directive, I point out no such assurance on future viability is being sought. Moreover, it does not really comment on the management of the company. The problem over the years is that for a lot of the major entities, the non-executive directors have not really done their jobs. A grey area existed as to what is their job and while it is to be a voice and to watch over matters on behalf of external stakeholders, that does not really happen either. I seek Mr. Houlihan's comments in this regard. Can we go further with it at this point? I acknowledge he has a lot to take on and invite him to do his best to tease his way through it. He is welcome to revert to the committee with notes and information subsequently. I imagine we will go further with this issue and will make direct proposals to the Commission and, consequently, we can append any information Mr. Houlihan provides at a later stage.