Dáil debates

Tuesday, 24 January 2012

Private Members' Business. Promissory Notes: Motion

 

8:00 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)

I welcome the opportunity to contribute to this debate. The motion before us deals with issues that are of great interest to the public. People might be somewhat bored talking about banks, debts, promissory notes and Anglo Irish Bank, but they realise that these issues are affecting us deeply and they recognise the repercussions of what has gone before. The motion calls on the Government not to pay the €1.25 billion owed to senior unsecured bondholders of Anglo Irish Bank, a payment which is due to go through at around noon tomorrow. None of these anonymous bondholders can be named in the House. By the time we vote on this motion tomorrow night, the payment will already have been made.

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