Michael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

After having been on the board for four years, does Mr. MacSharry have any suggestions on how the role of a public interest director can be uniquely defined or improved? There must be some action that could set a public interest director's position apart from that of the other directors. The State has put billions of euro into Permanent TSB and the other banks. Accordingly, people expect the public interest directors to protect the interests of consumers and citizens. While the directors have legal responsibilities to the company under company law, there must be a distinction between what the public interest director does from what the other directors do. People do not see that. Accordingly, the public interest directors have been called before the committee to explain what is different between the two roles. I am still not clear on the difference.