Kieran O'Donnell (Limerick East, Fine Gael)

I echo the sentiments of my colleague, Deputy Bruton, that this legislation is being rushed. We are getting five hours to debate something that will have a monumental impact on the way the economy is run. I cannot understand why this legislation is being rushed, but it is. We should be allowed more time to debate it. The public is looking for certainty, confidence, the restoration of trust in both the banking and political systems and leadership from the Government. A number of critical issues must be addressed to restore public confidence in Anglo Irish Bank. I do not cast aspersions on the individuals involved but a completely new board of directors must be appointed to the bank to establish full transparency. We shortly will own the bank and the PwC report should be made public whether that is in purged or abridged form, as Deputy Bruton said.

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