Dáil debates

Wednesday, 12 June 2013

Other Questions

Dormant Accounts Fund Administration

2:15 pm

Photo of Éamon Ó CuívÉamon Ó Cuív (Galway West, Fianna Fail) | Oireachtas source

The Minister only gave me the disbursement figures for 2011 and 2012. I am asking how much was approved for projects in 2011, 2012 and 2013. The question was very specific and simple.

Further to that, would the Minister accept that he is sitting on a fund of almost €100 million, excluding the reserve, that was specifically taken from financial institutions to assist programmes tackling social and economic disadvantage, educational disadvantage and disabilities? By not allocating that money, the Minister effectively has his hand in the pockets of dormant account holders, because he is taking their money from the financial institutions but not giving it to the groups involved. He is actually robbing them of this money.

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