Oireachtas Joint and Select Committees

Wednesday, 3 November 2021

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

General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021: Central Bank

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein)
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I thank Mr. Cross for that. What I am very concerned about is that because this is complex, it can go over people's heads. It is a really bad mark against this State to be linked to this in any way. It was a fraud involving billions of euro. Clearly, Mr. Cross cannot comment specifically on individual cases, but I would like to see something very clear coming from the Central Bank - a statement in whatever form is permissible - that the matter is going to be pursued and that we cannot have such a thing happen again. As we both agree, it is not a victimless crime. What happened is absolutely outrageous.