Dáil debates

Tuesday, 20 February 2018

3:30 pm

Photo of Shane CassellsShane Cassells (Meath West, Fianna Fail) | Oireachtas source

The "Creating A Social Economy" chapter of the programme for Government commits the State to using its bank shareholding in the best interests of the Irish people. At 7.15 this morning, three of what I can only describe as "heavies", dressed in black and acting on behalf of a vulture fund, seized a factory in Navan and told the 20 employees turning in for work at 7.30 a.m. to go home. The company had its loan book sold on by a bank to the vulture fund and it seized that viable factory this morning. How is the Government using its bank shareholding in the best interests of the Irish people beyond the commercial interest the Taoiseach cited earlier? I have 20 people standing outside in the cold in Navan anxiously waiting to know.

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