Mairead Farrell (Galway West, Sinn Fein)
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Absolutely. For anybody I have dealt with in a similar situation, it is all-consuming. They really are trying to get the truth and the story out there, and they often feel there is barrier after barrier. Mr. Kavanagh expressed that very well and it is very important for us all to take note.

There was a recent scandal in regard to Davy stockbrokers, and I have heard some people compare this with what Mr. Kavanagh was speaking about. We saw that serious regulatory breaches under the EU’s markets in financial instruments directive, MIFID, were uncovered by the Central Bank, which was forced to investigate conflicts of interest, personal accounting and provision of information to the compliance function. What parallels, if any, does Mr Kavanagh see between what went on in his own case and what occurred in Davy, and also in regard to how it was dealt with after concerns were raised? Mr. Kavanagh may have answered this earlier but, as I said, I was in the Chamber. However, he might give a little background because to have this heard is very important.