Corporate watchdog says any steps to curb its power would be 'deeply problematic'

Chair of the Corporate Enforcement Authority Ian Drennan to tell PAC any move to curb the oversight powers of the executive would be 'incorrect'. Picture: Sam Boal/RollingNews.ie

The head of Ireland’s corporate watchdog said any steps to curb its power would be “deeply problematic”.

Chair of the Corporate Enforcement Authority Ian Drennan is set to tell the Public Accounts Committee  steps to take responsibility for oversight of the agency away from him and its executive function would mean they would be held accountable to the Oireachtas and courts despite having “no lawful authority or control”.