Oireachtas Joint and Select Committees

Tuesday, 26 January 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Banking Sector and Central Bank of Ireland: Discussion

2:35 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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I welcome Professor Lane and congratulate him on his appointment. I wish him every success. He has probably followed reports in the media in recent days which indicate that the banking inquiry is due to report tomorrow. It has been stated that the inquiry's report is critical of the institution that Professor Lane now leads. What assurances will he give the committee and, more importantly, the Irish people that he will, as Governor of the Central Bank, intervene in instances where intervention is necessary and that the necessary resources and powers are in place to facilitate such intervention?