Martin Kenny (Sligo-Leitrim, Sinn Fein) | Oireachtas source

This is something that goes to the heart of what people have been suffering for the past ten or 15 years. The Taoiseach is well aware of that. We bailed out the banks and got into such financial crisis in this country because of the very type of shenanigans that appear to have been going on in Davy. As well as the investigation that is being carried out by the Central Bank, will there be a criminal investigation into what happened here? Clearly, the individual at the start of this, who engaged Davy to provide a service, was not provided with that service. That is the first point. Second, the 16 people who went off and made this arrangement for themselves clearly did so with some kind of inside knowledge that they were going to make a large sum of money on it.

To any ordinary citizen looking in from the outside, there is a clear issue of fraud. In any other circumstances, there would be a criminal investigation. Will such an investigation happen?

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