Oireachtas Joint and Select Committees
Thursday, 15 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael)
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I wish to refer to auditors. Professor Honohan was not specifically charged with investigating the role of auditors. He has flagged this a number of times and I mentioned a 2010 appearance before the finance committee when he flagged that the role of auditors needed to be examined a bit more. However, I am sure that, as part of this report, he would have had some sort of a cursory look at the role of internal and external auditors in the financial institutions at the particular time that he was looking at.