Peter Mathews (Dublin South, Independent) | Oireachtas source

I am not straying, I am joining up the dots. That €25 billion has a totally toxic and odious provenance - the losses of two banks forced on the Irish people. Professor Honohan lost his temper with me and Stephen Donnelly at a meeting in July 2014. Did Deputy Boyd Barrett attend that meeting or was it Luke "Ming" Flanagan? It was former Deputy Flanagan. At that meeting, I put it to Professor Honohan that in September 2008 the guarantee was entered into on false grounds, namely, the inaccurate and misleading balance sheets of the banks and overstated loan portfolios, which could have been determined at the time. The guarantee was entered into under duress and the strong arm tactics of Olli Rehn, Klaus Masuch, and all those guys. Does the Minister of State remember their names? They are embossed on my mind. The €25 billion that stands today should be cancelled unilaterally and Mr. Draghi should be told it is done.

See this speech in context