Dáil debates

Tuesday, 26 March 2013

Ceisteanna - Questions (Resumed)

IFSC Clearing House Group

4:20 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

It is vital that there be transparency and accountability in terms of the influence of this extraordinarily privileged group of bankers and financiers who have unprecedented access to the Department of the Taoiseach. The clearing house group is made up of J.P. Morgan, Citibank, State Street Bank, Barclays, Bank of Ireland, KPMG, Bank of America, Deloitte, AIB, Ernst & Young, PricewaterhouseCoopers and others. The fact that the Secretary General of the Department chairs the group, that it and its sub-committees meet in Government Buildings and that following last year's budget, the group had an effect on 21 sections of the Finance Bill to the benefit of the financial services sector is something the public needs to know. The public and I might well ask where is the group for the unemployed or pensioners-----

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