Dáil debates

Thursday, 18 February 2010

10:30 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour)

The Estimates being put forward do not acknowledge that this dividend has now vanished. Fianna Fáil Ministers, including the Minister for Defence, the Minister for Finance and the Taoiseach, occupied television and radio studios and told us that the €7 billion was an investment and would yield a dividend of €560 million. The Minister for Finance has acknowledged to me that this dividend will not now be paid, and as the dividend is non-cumulative, it is lost to taxpayers.

My second point of opposition to No.1-----

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