role of banks. It also found there was an insufficient concern with ethics and supervision other than from the standpoint of a traditional and narrow concern with prudential supervision in the Central Bank. The Chairman of the inquiry was "shocked and horrified" at the "careless and reckless" manner in which the Governor had quoted false statistics to the Public Accounts subcommittee. See also Taxation in the Republic of Ireland Retention tax References Interest Taxation in the Republic of Ireland Economy of the Republic of Ireland Withholding taxes