Dáil debates

Wednesday, 17 June 2015

Ceisteanna - Questions - Priority Questions

Irish Airlines Superannuation Scheme

9:40 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I am fully aware of the hardship caused to people as a result of what happened to the pension fund. The pension fund faced a huge deficit. The one thing on which I am very clear is if I had gone against the wishes of the trustee, the person whose job it is to administer and run the fund, the Deputy would be the first person in the Dáil Chamber to criticise me for doing so.

I am getting very confused about where the Deputy stands on the sale of Aer Lingus. Is he for the disposal taking place or is he against it? He came into the Dáil for a number of weeks saying he was against the sale happening, but now he has come in here stating he wants the proceeds of the sale to be used in a particular way. The rules in place mean if the stake were to be sold we would not able to use any funding for current Government expenditure. It can only be used for commercial purposes.

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