The members of the Joint Committee of Inquiry into the banking crisis have been announced and many are taking issue with the fact that all seven of the TDs involved are men.
Members of the Committee include Deputies Ciaran Lynch, Pearse Doherty, Stephen S. Donnelly, Michael McGrath, Eoghan Murphy, Kieran O’Donnell and John Paul Phelan.
Co-Founder of Women for Election, Niamh Gallagher said “It is a sad irony that only male members of the Dáil have been tasked with investigating the worst financial crisis this country has ever experienced. Arguably the impact may have been less severe had there been a combination of men and women in decision-making roles in Irish banks. Head of the IMF and former French Finance Minister Christine LaGarde among others believes that the financial crash and the collapse of Lehman Brothers could have been avoided had there been more women at the top. The reality is that women are more risk averse and more likely than men to exercise greater caution when making big financial decisions.
“The banking crisis was caused by men and is now to be investigated by men. There are 25 capable women in the Dáil with an array of expertise and experience. I find it hard to comprehend why their talents are not being utilised on such a hugely important national issue. I will be very interested to see if this is replicated when the Seanad members are announced.”