Dáil debates

Thursday, 12 November 2009

National Asset Management Agency Bill 2009: From the Seanad

 

12:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

Has the Minister wiped the Fianna Fáil memory disk clean of what took place in respect of the Ansbacher accounts? Those loans were off-shore but all the money was in Dublin and Ireland, circulating to the Fianna Fáil head honchos, who had their own little scheme. That was disclosed by numerous tribunals and inquiries. It is a real Fianna Fáil trick to pretend they never heard of this before. That it is amazing. Such off-shore activity was the essence of the Ansbacher accounts. When Mr. Haughey was telling people to tighten their belts in his Charvet shirt, he had a lot of funds circulating in the Ansbacher accounts. The essence of that scheme was back-to-back off-shore arrangements between this and other jurisdictions. The scam continued for a long time before it was uncovered.

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