Seanad debates
Thursday, 29 May 2003
Companies (Auditing and Accountancy) Bill 2003: Report and Final Stages.
10:30 am
Terry Leyden (Fianna Fail)
I am making a point about executive directors and their responsibilities. I make it by way of supporting the Minister of State in the inclusion of this provision in the Bill. Why are directors prepared to take high fees and not take responsibility or liability? That is extraordinary. All the staff of the AIB have had to work harder to pay for the fraud that occurred in the United States. Senator White was right to mention Nick Leeson—
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