Dáil Éireann Debate, Wednesday - 24 March 2021
430. Deputy Pearse Doherty asked the Minister for Finance if current or former employees of a company (details supplied) sit on boards or hold positions in State agencies under the aegis of his Department. [14088/21]
View answerThe Deputy’s office has clarified that the information sought relates specifically to the 16 employees of J&E Davy who were referred to in the Central Bank’s Enforcement Action Notice on 2nd March 2021.
There are 8 State Boards under the aegis of my Department, including the Central Bank. As the Central Bank is subject to legal obligations of confidentiality with regard to its enforcement investigation of Davy and data protection obligations, it is not in a position to provide a response to the question posed.
The remaining 7 State Boards are the Credit Union Restructuring Board, the Financial Services and Pensions Ombudsman, Home Building Finance Ireland, the Irish Fiscal Advisory Council, the National Asset Management Agency, the National Treasury Management Agency and the Strategic Banking Corporation of Ireland.
As no individuals were identified in the Central Bank’s Enforcement Action Notice, these remaining 7 State Boards are not in a position to provide the information requested.
My Department has 3 staff on secondment from the National Treasury Management Agency who were employed by J&E Davy. These staff members have confirmed that they are not, nor are any of their connected persons, part of the 16 employees of J&E Davy who were referred to in the Central Bank's Enforcement Action Notice on 2nd March 2021.
