Seanad debates

Wednesday, 28 May 2003

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

 

I was chairman of the Western Health Board for a year and had to fulfil responsibilities to the best of my abilities. I had to take the position seriously and became almost a non-executive director by attending regularly at the board, whenever I was wanted. There are fine directors. I do not paint them all with the same brush. However, the principle is right. If one accepts responsibility, one must ensure one works with the company. Anyone who does so to the best of his or her abilitiy will have no problem in complying with the Bill. If directors have difficulties, they can easily resign. Most of the public are sick and tired of people who have been directors of so many companies and never apologised.

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