Dáil debates

Wednesday, 8 April 2009

10:30 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

I asked the Taoiseach a straight question. How much does he propose to take from the taxpayer to bail out the banks for dealings on what amount to dodgy developer debts? Deputy English pointed out last night that the staff of the Office of the Financial Regulator, when they appeared before Oireachtas committees, said that the maximum amount involved was €40 billion, but when he asked the Tánaiste to explain how this had suddenly risen to €90 billion there was no answer. The Minister for Finance was also unable to answer the question. What we are being asked to do is to give another blank cheque to Fianna Fáil to bail out the banks. Only the banks are happy this morning.

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