Catherine Murphy (Kildare North, Social Democrats)
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Yes, this liquidation is supervised by the Department of Finance and it is out of sight. Given the cost that the public have paid for the liquidation of Anglo Irish Bank and Irish Nationwide Building Society, there is a public obligation to make sure that we have some oversight of the assets that were liquidated. It would be helpful to have these experts before the committee. I support the idea that there should have been a committee of inspection. The problem is that while this court case delays oversight, the liquidations are continuing and it will become almost a moot point if we do not have some change at this stage. This would be a very helpful way to move it on. I concur that this should not be playing out in the courts and that the Committee of Public Accounts should routinely have oversight.