Oireachtas Joint and Select Committees

Wednesday, 30 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process (Resumed): Central Bank of Ireland

1:35 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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I respect that. I want to again quote Judge Nolan when he said that it would be most unjust to jail these two men when he felt that a State agency - the financial regulator - led the two men into error and illegality. As the current Governor of the Central Bank and the financial regulator as such, what is Professor Honohan's reaction to that? Are there any consequences in respect of any individuals who may have been involved in presiding over that situation?