Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

Presumably the initiative for this came from Bank of Ireland as it is in its interest to get the State out of its realm as much as it is the State's. Did Bank of Ireland do most of the running in this sale?

Last year the Minister for Public Expenditure and Reform made a big play that he had got a commitment from the troika that 50% from the proceeds of the sale of State assets could be used for job creation and investment purposes. Is half of the money from the sale of the CCNs going into this fund or will the full €1 billion be taken off the national debt? If it is going against the national debt, why is 50% not being used for job creation?

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