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Written Answers — Banks Recapitalisation: Banks Recapitalisation (30 Sep 2010)

Kieran O'Donnell: Question 147: To ask the Minister for Finance the projected cost to the taxpayer in respect of the recapitalisation of Allied Irish Bank and the Bank of Ireland; and if he will make a statement on the matter. [34313/10]

Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Kieran O'Donnell: Fine Gael supports the extension of the guarantee for new funding for Irish banks but only on the condition that the Government gives a commitment that it will introduce legislation before 1 November to provide for a bank resolution system and that it will require Anglo Irish Bank to immediately commence negotiations with the holders of subordinated bonds to alleviate the cost of the wind...

Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Kieran O'Donnell: A third of Green Party Members have spoken in this debate and only a fraction of Fianna Fáil Deputies. That is symbolic of something. The guarantee reminds me of the original guarantee scheme, which was introduced on 30 September 2008. We were not provided with the full facts then. I remember on the night that the question was asked why the Government was including dated subordinated debt...

Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Kieran O'Donnell: We all agree with——

Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Kieran O'Donnell: The Deputy should not misrepresent——

Credit Institution (Eligible Liabilities Guarantee) (Amendment) Scheme 2010: Motion (29 Sep 2010)

Kieran O'Donnell: They will move money——

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: When will the work get under way?

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: What about the draft business plan?

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: Why are there such discrepancies?

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: I welcome this debate and wish to take up a number of points with the Minister. He has extended the period covered by the commission of inquiry from 1 January 2003 to 28 September 2008 in respect of all elements bar the supervisory role of the Central Bank and the Financial Regulator. The Minister has extended the period in respect of the institutions to 15 January 2009, when Anglo Irish...

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: They should have, but why did they not?

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: In which case, why are the figures in the draft business plan that was laid before the House during our discussion on the NAMA legislation so far off those in the revised business plan? We need more detail on the plan.

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: I thank the Minister. Before our recess, the House should have an in-depth discussion on the extension of the Government guarantee scheme to December.

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: I accept that, but my point is critical in the context of Anglo Irish Bank. Subordinated debt will not be guaranteed under the new loan guarantee fund, LGF, scheme. When I raised the matter of Anglo Irish Bank's senior debt during Priority Questions more than one week ago and asked whether it would form part of the new guarantee, the Minister assured me he would examine it. Between Anglo...

Banking Sector Crisis: Motions (8 Jul 2010)

Kieran O'Donnell: When will that happen?

Order of Business (8 Jul 2010)

Kieran O'Donnell: On a related matter, the Minister of State with responsibility for disability, Deputy Moloney, came before the House last night. While Members obviously can be updated individually, if possible, in the interests of complete clarity, the Minister of State, Deputy Moloney, should come before the House at some point this evening to make a brief statement to the effect that the respite services...

Requests to move Adjournment of Dáil under Standing Order 32 (8 Jul 2010)

Kieran O'Donnell: I seek the adjournment of the Dáil under Standing Order 32 to raise a matter of national importance, namely, to call on the Minister for Heath and Children - who is in the House - and on the Taoiseach to make an announcement before the House here today that the respite services for intellectually disabled adults at Clonisle, Caherdavin, Limerick, run by the Brothers of Charity, Bawnmore,...

Requests to move Adjournment of Dáil under Standing Order 32 (8 Jul 2010)

Kieran O'Donnell: This is so important. What we want is for the Minister for Health and Children or the Minister with responsibility for disability to come before the House to say this service will be reopened. This is about real people's lives. Yesterday, the Taoiseach was here talking about 130 people as if they did not exist.

Requests to move Adjournment of Dáil under Standing Order 32 (8 Jul 2010)

Kieran O'Donnell: Are we going to get a commitment today to have this respite service reopened. This is too important an issue to be passed over.

Requests to move Adjournment of Dáil under Standing Order 32 (8 Jul 2010)

Kieran O'Donnell: The Government needs to take this issue seriously. We will not leave today until we have a response.

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