Oireachtas Joint and Select Committees

Thursday, 12 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Dr. Elaine Byrne:

Yes, it is. To the Irish mind, this could be very controversial. There have been a number of cases in the last year or two where whistleblowers working within banks have received reward payments of several million dollars and given information about fraudulent practices that had been occurring within their institutions. I have written several newspaper articles detailing the whistleblowers involved, the fines that have been imposed as a consequence of their information and the money that they have received. It has worked very successfully in America.