Dáil debates

Wednesday, 4 March 2009

Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Committee and Remaining Stages

 

5:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

Likewise, this section is to deal with a commercially sensitive context. As Deputy Bruton may not have heard my previous explanation, I will repeat it. When the investment is made in the recapitalised institutions, the sole assets remaining in the pension fund will be equities or ordinary shares. Surely the State cannot advertise in advance its intentions to dispose of them? Any disposal of such assets must be done under conditions of strict confidentiality.

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