Renua going down the right road in their plan to jail reckless bankers

Allow me a short comment on the article by Fiachra Ó Cionnaith, ‘Renua vows law reform to jail ‘reckless’ bankers’ (Irish Examiner, July 25).

The proposal to jail managers and directors who are practising reckless or illegal lending is without doubt a measure that will offer a reality check to those who seem to perceive themselves as above the law.

The Renua initiative is a step in the right direction. It is a move toward the creation of a culture of responsibility in a sector which led to the collapse of the economy.