Dáil debates
Thursday, 12 July 2012
Order of Business
11:00 am
Pearse Doherty (Donegal South West, Sinn Fein)
I have two questions on legislation. The programme for Government makes a commitment to strengthen the regulation of moneylenders. What legislation is proposed by the Government? Legal moneylenders are charging up to 210% APR and not one prosecution in the past seven years has been successfully taken against illegal moneylenders. I have asked both the Taoiseach and the Tánaiste about this on many occasions but have received no response. I have been told I will receive a written response. When will the strategic investment bank legislation be brought forward? I ask the Tánaiste to share this information with the House if possible.
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