Dáil debates

Wednesday, 6 February 2013

Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages

 

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

We were informed earlier that the transfer of undertakings that would normally apply to employees in a situation like this, will not apply to ordinary bank workers in Anglo Irish Bank who, as of tomorrow, will have no jobs. It will be at the whim of NAMA or the Government to decide which of those employees, if any, still have a job tomorrow. It is deplorable that the Minister has not, at least, inserted some safeguards and protections for ordinary workers in the bank who, as the Minister said himself, were not responsible for the financial casino gambling of Anglo Irish Bank. Those are abominable failings in this Bill and make it all the more reprehensible that theTaoiseach should try to ram this legislation through in such a short time.

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