Paul Coghlan (Fine Gael)

We need a steadier hand on the tiller. I welcome the provision in the Central Bank Reform Bill, as published yesterday, which requires and aims to ensure proper fitness and probity of nominees to key positions in banks. This is long overdue. Due to the fact taxpayers are putting so much extra equity shareholding into the two main banks with large branch networks, the Minister should insist on more public interest directors and ensure the people responsible for the appalling mess and disastrous decisions are removed forthwith. They should be long gone.