Dáil debates

Friday, 17 October 2008

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion

 

2:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)

Last week, the Minister told the House that prior to establishing this scheme he would instruct his departmental officials to investigate the situation in the Central Bank and the Office of the Financial Regulator. What was the extent of the investigation and how many investigators were involved prior to the introduction of the scheme? What was the outcome of the investigation? What undertakings were given to the Minister on foot of any inquiries that might have been made? I am not sure if it was an investigation or an inquiry, but the Minister mentioned it in this House and in the Seanad during the debate last week. Did he or his officials find anything unusual that would worry him? What guarantees was the Minister given to address those issues henceforth?

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