On Wednesday 29th June, follwoing my contribution to the Cental Bank and Credit Institutions Bill, the RTÉ website reported on the points I raised in relation to bank auditors:
A Fine Gael TD has said he has reservations about a Government Bill going through the Dáil that provides for any future bailout of the banks.
Anthony Lawlor said bank auditors had failed the financial system and the public.
He said there were now only four internationally recognised firms of auditors and they had been auditing the four main banks here.
They could have reported on what was going on in the banks, or resigned in protest, but they had not.
Deputy Lawlor said that while he welcomed parts of the Central Bank and Credit Institutions Bill, he hoped there would be amendments made to it by the Government.