Arthur Morgan (Louth, Sinn Fein)

I know that. How much will it cost now to put in place proper broadband and infrastructure across the State to create competitiveness and jobs? I argue we are paying a far bigger price in respect of our competitiveness and job creation opportunities lost because of what happened then. My point is that €7 billion is more than enough. According to section 3, the amount the Minister in theory could put into the institutions is endless. This is the reason I consider it reasonable to request that a reference to this effect should be included.

Moreover, it need not be funds, as even assets can be transferred, by which I assume is meant that the value of such assets may be transferred. Effectively, they could be mortgaged into the institutions. This is the aspect that concerns me.

See this speech in context