Kieran O'Donnell (Limerick East, Fine Gael)

If the 8% cannot be paid, it can be rolled into ordinary shares. Once again, the Deputy is playing with the facts.

It has been disclosed this evening that the Financial Regulator is assisting the Garda Síochána in its investigations and certain matters involving Anglo Irish Bank have been referred by the regulator to the Garda. This is now in the public domain. If these matters are being referred to the Garda today, why were they not referred to the force a few weeks ago? Why has it come to the situation that these matters are being referred now that the Garda has been brought in? What matters were referred? Have these disclosures arisen on foot of contact made between the Financial Regulator and the Garda?

See this speech in context