Oireachtas Joint and Select Committees

Tuesday, 21 February 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Discussion (Resumed)

4:00 pm

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail)
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Why has it come about this way, bearing in mind all the human elements of this story? Mr. Kissane outlined the case of the man who is alive today because the rope broke. He has talked about the families and the distress that has been caused and so on. Surely, when the Central Bank received a complaint first - bearing all of the foregoing in mind - it should have been more proactive about its engagement with the banks. Is that fair to say?