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 Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

I do not mean to be obstructive on this issue. The National Pensions Reserve Fund has shareholdings in companies quoted throughout the world. People are not basing their determination of the value of these internationally traded shares on the investment strategy of the National Pensions Reserve Fund. The Minister had no compunction about talking openly for weeks and months about the possibility of recapitalisation from the National Pensions Reserve Fund. This was not so highly sensitive a prospect that the Minister could not dream of releasing even a comma about the possibility it would take place.

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