Seanad debates

Wednesday, 28 May 2003

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

 

10:30 am

Derek McDowell (Labour)

Is not the difficulty that charities, in particular, go for high profile directors, big names, men and women who are well known and which they only really want as a rubber-stamp? They do not want them as directors who will ask questions. Perhaps that is too general a statement to make but I can think of examples in which that is the case and where there are well known directors of charities who, I suspect, do not ask many questions about the fundraising or accounting practices or financing of the charity concerned. I am not sure there is a case for excluding them. I do not think one could exclude them all.

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