Dáil debates

Thursday, 10 July 2014

Strategic Banking Corporation of Ireland Bill 2014: Second Stage (Resumed)

 

1:00 pm

Photo of Mick WallaceMick Wallace (Wexford, Independent) | Oireachtas source

In the past three years, I have asked about the Government's commitment to establishing a strategic investment bank 13 times. I wonder why this has been so slow in coming, but better late than never. It is somewhat disappointing that such little time has been allocated for debate on an issue so important. There is a serious democratic deficit when we do not discuss these issues properly. Deputies like Deputy Peter Mathews should be allowed time to participate. It would be good for the parliamentary process to maximise opportunities for those who want to speak.

Speakers have commented on the provision in the Bill which will allow the company to use the word "banking" in its name. This seems to be a token gesture.

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