Dáil debates

Wednesday, 18 February 2009

10:30 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

If a decision has been taken not to pursue these ten persons, that will not happen either. The Government states one thing with regard to nationalisation, while in possession of those facts, yet it does not act.

Was this transaction overseen by a British finance house? Was the Financial Regulator, the Central Bank and, therefore, the Government fully informed as to what was going on? Who made the decision and why has a decision been made not to pursue the ten persons in respect of the €300 million overhang from Quinn? What action will the Government take to send out a message internationally that this country is a good place to do business and banking?

The Government cannot do this unless it shifts persons in the boards and management structure. There are good people in all our banks. It is nothing personal but the message is all wrong. The Taoiseach is in office but not in charge.

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