In the Public Interest
‘I don’t know what the definition of public interest is.” Thus said Alan Dukes, former chairman of Anglo Irish Bank/IBRC on Morning Ireland yesterday. Dukes was appointed as “public interest director” at Anglo in December 2009. Says it all really.
The definition of excessive private power is that it ceases to be private. It has an impact on the public realm of democracy. Denis O’Brien has accumulated excessive private power. He has been allowed to take effective control of the largest Irish newspaper group and of two of the three national talk radio stations.
I’ve just watched Alan Dukes explain nothing except that he can’t talk about anything due to being held to ‘banking secrecy’ ethics. Tell me, again, what the purpose of a Public Interest Director was in IBRC?