Seanad debates
Tuesday, 22 June 2004
Central Bank and Financial Services Authority of Ireland Bill 2003: Committee Stage
3:00 pm
Maurice Cummins (Fine Gael)
I do not believe the public would accept such an explanation. The public has a right to know in such situations. In most cases, the financial institutions are putting their hands up when they have been found out. It is like putting the cart before the horse because very few institutions have put their hands up without first being found out and informed of the errors and mistakes made. I do not think it would be in the public interest for the public not to be informed.
No comments