Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I welcome all of that. Five employees of Provident came to me and Deputy Mac Lochlainn and gave us detailed documentation of irregularities in the company, which we passed on to the Central Bank. The Central Bank carried out an investigation, found Provident guilty of the charges that had been levelled and fined it €105,000. However, Provident terminated the contracts of all five employees, and this sends out a terrible signal to whistleblowers in financial services. We need something stronger from the Minister. It is unacceptable that whistleblowers who are in employment, provide documentation to the Central Bank and whose allegations are proven correct have their contracts terminated. I would like to hear more from the Minister about what he intends to so, not just citing the existing legislation and the responsibilities of the Central Bank.

Does he intend to raise this with the Central Bank and to ask it to investigate if the termination of the contracts of these five whistleblowers was connected with the fact that they blew the whistle on the company in the first place or does he just intend to stand by and allow the bank to deal with it itself?

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