Gerry Adams (Louth, Sinn Fein)

I refer to the cut in the ECB interest rates which last week showed a reduction of 0.25%. The Bank of Ireland has passed on the cut only partially and Allied Irish Bank has refused to do so. Although the Taoiseach called in the banks to meet with the economic management council they still continue to defy the Government. Given they are supposed to be owned by the taxpayers and that billions of euro of the people's money has been ploughed into them, what will the Taoiseach do about this? Will he act in the interests of the people and introduce legislation?

I am particularly vexed by the public interest directors who are paid enormous salaries and are also paid €3,000 for attending a meeting. Has the Taoiseach confidence in them?

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