Kieran O'Donnell (Limerick East, Fine Gael)

This report is critical. It was brought in with the Credit Institutions (Financial Support) Act 2008 and the guarantee scheme. The Minister spoke about 33% for the banks but that percentage comes off a very high base and bears no comparison to a person affected by the pension level, be to 3% or 4%, or with the 1% levy for a person on low income. Deputies are lobbied about that.

This report is highly critical with regard to the entire area of recapitalisation of the banks. The Minister told us he has a report in his possession. I suspect it is not very lengthy and he has not told us when he got it. I would like to know when he received it. Why would it have to go to Cabinet? Why can the Minister not provide us with details in the House in respect of what is in the report?

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