Dáil debates

Wednesday, 16 December 2020

Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

 

12:50 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

Shareholders in the banks were not bailed out. The State took equity. The shareholders were not bailed out. That is not a popular thing to say, but it is a fact. Deputy Boyd Barrett never wants to hear the facts because he lives in a fantasy economic wonderland. If his party ever got into power, thousands of jobs would migrate from this country. That is the reality.

I said to Deputy Boyd Barrett that we would do everything we possibly could within the law. I accept that revenue and social protection is owed by the company, but they cannot just do a sort of side deal and forget the legal accountability to the State and to this House. The law was passed that they have to recover what is owed to them.

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