Dáil debates
Tuesday, 2 March 2010
Leaders' Questions
12:00 pm
Enda Kenny (Mayo, Fine Gael)
As I understand this, Allied Irish Banks will come cap-in-hand to the Government for a further recapitalisation sum of between €3 billion and €5 billion. When the banking crisis started, the Taoiseach's response was to say that we would write whatever cheque was necessary. When Allied Irish Banks come to the Government for more money, on top of what taxpayers will have to pay for toxic loans transferred to NAMA, what conditions will the Taoiseach lay down to protect Irish taxpayers? Will he tell Allied Irish Banks that there will be no more money unless they dispose of assets that are of no value to the Irish taxpayer or will he bail out the banks and drown the next generation of taxpayers in debt? What conditions will he lay down before he considers giving any further money to Allied Irish Banks?
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