Seanad debates

Thursday, 16 December 2010

Credit Institutions (Stabilisation) Bill 2010: Committee and Remaining Stages

 

3:00 pm

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

Surely, by virtue of the shareholding the Minister holds now in these institutions on behalf of the State, and the moral authority apart from that, none of those institutions would dare overrule him or even if they did, would not be able to overrule him in the proper exercise of the powers he possesses.

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