Oireachtas Joint and Select Committees
Thursday, 12 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Dr. Elaine Byrne:
I will make the analogy with newspapers. The Irish Timesrecently introduced a paywall, there is speculation that the Irish Independentmay do the same and the question as to which newspaper will introduce the paywall first has been going on for a year or two. It is about competitive advantage. Political parties are the same in respect of which party will release all its accounts first and so on. Political parties, in their annual conferences or Ard-Fheiseanna, release information about their accounts. However, the difference is that under the draft guidelines, they will be obliged to release that information on particular headings in order that one can compare how much each political party has received and spent under different categories. One can then make an analysis because if a political party simply releases its accounts and states it got X amount of money from donations, one does not know-----