Dáil debates

Thursday, 16 October 2008

12:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

I see no reason that the principle adopted by Fine Gael some time ago where those persons, as was mentioned by the Financial Regulator last week, who will attend on behalf of State on the banks' boards and risk management committees should not be able to attend the Committee of Public Accounts to give their views on what service they can give the State from attending such boards. Will the Tánaiste explain how parliamentary scrutiny, which is not written into the scheme, will apply when the Minister for Finance claims we are deep into the banking sector? If we are in that deep, we need to know what is going on, the extent of bad debt, rolled up interest and the actual liabilities. Will all these be given by the Minister for Finance tomorrow when he attends for the entire debate?

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