Gerry Adams (Louth, Sinn Fein) | Oireachtas source

The reason the Taoiseach makes a mess of matters is characterised by his response. He refused to answer the questions. We tabled amendments to his terms of reference and the Taoiseach voted them down. We ended up voting against the Taoiseach's terms of reference because they were inadequate. Since 2012, Deputies Catherine Murphy, Pearse Doherty and I have raised questions about Siteserv. It has been three years. The Minister, Deputy Noonan, and the Taoiseach blocked it, prevaricated, sent obtuse opaque answers and refused to deal with the issues involved.

I repeat the questions. Will the Taoiseach publish the Attorney General's advice? Will he commit to dealing with this issue before Christmas?

One of the big omissions in the commission's terms of reference relates to the lack of clarity surrounding the definition of a capital loss. We have this ridiculous situation where the capital loss is defined by the liquidators of the IBRC. They define what Mr. Justice Cregan could look at and the judge acknowledges that there are upwards of 156 transactions where losses on loans in excess of €10 million were recorded by IBRC during the relevant period but are not included in the schedule of transactions because the special liquidators defined it otherwise. This equates to at least €1.5 billion of taxpayers' money which could have been used to build homes or to fix the health services, and these are not even going to be investigated by the commission. The Taoiseach thanked me for my letter. Will he act on the recommendations?

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