Dáil debates

Thursday, 19 February 2015

11:45 am

Photo of Tommy BroughanTommy Broughan (Dublin North East, Independent) | Oireachtas source

Is it the Minister's intention to introduce legislation or regulations to reform the operation of the Commission for Energy Regulation given its admitted failure to regulate the electricity market and its total failure to regulate home heating, both gas and electricity?

Recently, we saw the revelations of the International Consortium of Investigative Journalists on HSBC. There is grave disquiet in the House among all Deputies at the way in which the House has been informed about this matter since 2009 when it first became known to Revenue. In view in particular of the dearth of legislation, will the Government consider allowing the Minister for Finance to come to the House for a full-scale debate on HSBC, the ramifications of the 350 Irish account holders, the serious damage done to the State's revenues and what is being done currently? Will HSBC be prosecuted by the State? Are any professionals who aided and abetted massive tax evasion in this country being prosecuted?

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