Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

3:00 am

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)

Other countries have held debates similar in nature to this one. The British and German Governments also attempted to introduce legislation to curtail the activities of bondholders and hedge hunters who may have had recourse to secret bank accounts in Switzerland. Both governments were concerned to proceed in this area. Has the Government or Minister initiated any inquiries arising from a similar concern to those expressed by the British and German Governments?

When I asked a question concerning the identity of bondholders the Minister, as a shy individual, was modest about imparting information in the matter. Will he indicate whether it would be advantageous to the debate if the identities of some of the bondholders with an interest in this jurisdiction were to become known?

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