Dáil debates

Tuesday, 20 January 2009

Anglo Irish Bank Corporation Bill 2009: Committee and Remaining Stages

 

4:00 am

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

The substantive point in this regard is that a thorough investigation is required to get to the bottom of this matter. If necessary, a High Court inspector must be appointed. I support the principle underpinning the amendment. Decisions and behaviour in the banks have exposed taxpayers to significant risk, destroyed shareholder value in the banks concerned and damaged the employment prospects of those working in Anglo Irish Bank. We must have public accountability, whether through the vehicle proposed in the amendment or another vehicle proposed by the Minister.

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