Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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-----gross maybe €64 billion, net €34 billion, that $180 billion US dollars has been paid out in ... as a result of banking behaviour or penalties ... on the back of behaviour. Do penalties ultimately work, such as fines, or do we need tougher sanctions that may be more criminally related and ones that would actually have jail sentences?