Seanad debates

Thursday, 16 October 2008

10:30 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

We debated this important matter when we passed a Bill. Confusion seems to be reigning supreme. There are important issues at stake and, given the number of serious reservations, the Leader must allow a proper debate. In fairness to him, he does not want to mislead the House.

During a question and answer session, the Minister's presence would be necessary. If he is in the Lower House at 10.30 a.m., he cannot be here. Will the Leader comment in this regard?

Concerning serious reservations, there is the question of public interest appointments. My party agreed to allow the Minister to make the appointments. It is important that the Minister makes the appointments in the public interest, but such is not the provision in this scheme. For this reason, we require a question and answer session with the Minister. I say this with the utmost respect to the Senators opposite, many of whom would agree with me. It seems the banks will make the appointments from a list supplied by the Minister. Are we to risk further cosy relationships, which had a part to play in destroying confidence?

Regarding risk assessment committees, the people who the Minister is——

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