Dáil debates

Tuesday, 19 January 2010

4:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

The only type of inquiry that will be fruitful, beneficial, transparent, accountable and that will be seen to work is one that has cross-party support in the Houses of the Oireachtas. I challenge the Taoiseach as Head of Government, if he is serious about sorting these matters out in such a way that the system will then be watertight and the same problems cannot recur, to leave aside his current proposal and to work with the Opposition parties to put in place an inquiry that will deal with these matters without crossing the lines of the Director of Corporate Enforcement or the fraud squad but in an effective manner such as the Oireachtas has proved in the past can be done. There must be that type of effective investigation into the regulatory and policy failures that occurred, and all those internal and external audit situations, in the public interest. It is important for our personal security, our international reputation and to ensure we have a functioning banking system.

Will the Taoiseach work with the Opposition parties to establish, by agreement, an Oireachtas committee with the capacity to deal with these matters in the way we know it can be done?

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