Dáil debates
Wednesday, 9 April 2014
Leaders' Questions
12:20 pm
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
The problem with all that is the Minister wrote the legislation that has determined all of this. He wrote and forced through here late at night the legislation that stated the Government would not consider the interest of the citizens. The Minister stated in reply to Deputy Pearse Doherty that he does not want to send out a signal to the international markets, to which the Government appears to be in thrall, that there is anything wrong here, yet he has no issue with not sending out a signal to the Irish citizens who elected him and whom he is meant to be looking after.
The Minister's position seems to be that we should hope everything works out and they voluntarily comply, but the policy is all about choice. These are the choices the Minister has made: do not consider the interest of the mortgage holders; do not provide the PwC report to the Dáil; do not ask the debt firms for binding commitments; do not provide oversight for how they behave; do not legislation to ensure they behave; do not let families bid on their own mortgages; and shroud everything in secrecy.
I am holding up what we got from the special liquidator. We managed to get a few pages with words on them, but most pages, I am sad to say, look like big black squares.
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