Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Two years ago last week the Government heralded a great moment, the separation of banking and State. It was a European decision and now the Minister of State wants to create the link again. In the event of a bank going bust the Government wants us to allow the bank access to 100% of this investment fund via the agency. If the separation of toxic banking and the State two years ago was so important why does this legislation allow the new investment fund invest all of its resources in banks if the Minister requires? This does not make sense.