Seanad debates

Wednesday, 28 May 2003

Companies (Auditing and Accounting) Bill 2003: Committee Stage.

 

10:30 am

Photo of Feargal QuinnFeargal Quinn (Independent)

I feel strongly that my case has not been understood. There is an imbalance in that only two of the 15 board members will be from the private sector. These are the people who depend on the survival of their companies, yet we will be loading the board representatives from State companies and people who do not have to be successful at the end of the year. I do not understand that. The Minister of State is saying that they "may" be invited to serve on a sub-committee. The imbalance is so great that I have difficulty in accepting his point.

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