Dáil debates

Wednesday, 9 April 2014

12:20 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

What they did not redact was the criteria that were used based on the Minister's legislation. The criteria used were size of the loans, timing constraints, likely credible interest, risks associated with execution of the model, level of interest at the sectoral sector, estimated equity value and performance of the underlying business. In all those wide criteria, nowhere has crept in the interests of the tens of thousands of men, women and children involved. Why, as Minister for Finance, does Deputy Noonan stand over a process that was able to consider many different criteria but somehow was not able to consider the interests of Irish citizens?

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