TD calls for investigation into Davy Stockbrokers
A Fianna Fáil TD has called for a banking inquiry style investigation into what happened at Davy Stockbrokers.
Marc MacSharry made the call for a full investigation at his parliamentary party meeting last night and was supported by the chair of the Oireachtas Finance Committee John McGuinness.
Davy was fined over €4m last week over a conflict of interest by 16 staff in relation to a bond deal.
Deputy MacSharry, who's a member of the public accounts committee, says a special inquiry is essential.
"In terms of shoring up our reputation internationally as aspiring to the highest standard in governance we would hold an enquiry about this matter along the same times as the legislation that would have underpinned the banking enquiry, to underpin our reputation in the world as promoting the highest standards in governance and probity when it comes to financial service or indeed anything else."
More from Cork
-
Lord Mayor Of City Felt Privileged To Represent Cork During Such A Difficult Time As He Faces Into Last Month In Office
Councillor Joe Kavanagh will be handing over the mayoral chains outside of City Hall for the first time ever on June 18th due to the pandemic
-
Expert calls for people to reduce meat intake
Eating too much meat can increase the risk of serious illnesses by as much as 30%.
-
International Care Day Is Being Celebrated At The Bessborough Centre In Blackrock Today
The event highlights the positive impact of the experience of young people in care
-
UPDATE: Teenage Girl Killed And Three Teenage Boys Injured In Knocknaheeny Crash
It's understood the teenage driver of the car fled the scene on foot
-
Angry Farmers To Stage Protest Outside Aldi in Mitchelstown Later
They're appealing to retailers to come to the talks table
-
UPDATE: Toddler Who Was Injured At Her Home On The Boreenmanna Road Has Died
The two year-old was rushed to hospital with traumatic head injuries
Comments
Add a comment