Dáil debates

Thursday, 11 December 2008

 

Financial Institutions Support Scheme.

7:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

The Minister did not answer the question of whether there was a mandate which they were to execute in the public interest. I am concerned that if we put in these directors, who are all worthy people, with no public mandate as to their duties, with no banking experience apart from one of them, we are putting lambs in among wolves. Unless we equip people with a serious mandate that can give them the authority to ride shotgun in the public interest in respect of very clear issues, knowing what it was they are policing and pursuing, what will this really achieve? Do we not need the people who have a clear knowledge of what is at stake and who have a mandate as to what to do, to have some accountability to the Minister and through him to the House?

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