Ossian Smyth (Dún Laoghaire, Green Party) | Oireachtas source

Mr. Barry and Mr. Neely have been charged with carrying out this governance review, which amounts to an external review of the governance within the IFI. To give some information on the sequencing for Deputy O'Rourke, it includes an examination of the respective roles of the IFI board and executive. It will be completed within three to six months and include an implementation plan, and the delivery of the plan will be overseen by the new board. The responsibility for the implementation of the findings of the review will be given to the incoming board, in consultation with the Department.

To respond to Deputy Dillon, I regret I cannot say more. I understand the frustration, given this is a serious situation, but, as he will appreciate, protected disclosures have been made and due process has to be followed. Having been delegated power from the Minister, I cannot come to the House and comment on what is happening in a live protected disclosure process. I cannot interfere in that process. It has to be done by the book. The entire process will be followed exactly as laid down in law.

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