Pádraig Mac Lochlainn (Sinn Fein)
Link to this: Individually | In context | Oireachtas source

I am conscious that when we discuss the Remy Farrell comments there was one accountant in the office in 2012. Obviously that is not enough. Hindsight is 20-20 vision but the ODCE was given major responsibilities on behalf of the people of the State. The lives of many people were utterly destroyed in many ways by the economic collapse and the office carried responsibility for holding people to account, if necessary and if it found that to be the case. One of the matters the body politic has examined is the area of regulatory oversight and the role of auditors who gave the banks a clean bill of health. In the case of Anglo Irish Bank, Ernst & Young were the auditors that gave the bank a clean bill of health. Was there any sense in that case or others of wondering how that happened? How could it have given Anglo Irish Bank a clean bill of health?