Dáil debates

Tuesday, 2 November 2010

6:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick East, Fine Gael)

We need to know the reason for the golden share situation.

The public's perception that certain people are above the law must be changed. A bank resolution scheme needs to be introduced. We have debated it for long enough and it should be in place before Anglo Irish Bank is split into the asset recovery bank and the funding bank. Measures to tackle reckless trading in financial institutions and banks should be put on a statutory footing so that people who trade recklessly will know that they will be held to account by the law.

People are entitled to justice. Some people cannot repay their mortgages, are worried about the banks foreclosing and are losing their jobs, yet a burden of up to €54 billion is being placed on their backs and the backs of their children and grandchildren. We need results. We need to see the Government bringing this situation to finality and providing whatever resources the Garda requires to allow that to happen.

Comments

No comments

Log in or join to post a public comment.