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Seanad: Order of Business (17 Feb 2009)

Terry Leyden: With the difficulty we have in the State, both natural resources, gas and particularly oil, if they can be found and brought ashore, will be vital to the future of this country. In the circumstances we must intensify our research in this regard.

Seanad: Order of Business (12 Feb 2009)

Terry Leyden: I agree with Senators Mullen and Boyle about the Minister for Finance, Deputy Brian Lenihan. In all the years I have been in the House, I have never seen a Minister pilloried for telling the truth, which is a rare commodity. The man told the truth yesterday, yet he has been accused of being honest. It is extraordinary.

Seanad: Order of Business (12 Feb 2009)

Terry Leyden: The PricewaterhouseCoopers report was sent by the Minister's officials to the Financial Regulator. Those issues were dealt with at that time and it did not affect the decision to nationalise Anglo Irish Bank. It had no bearing on that because the money had been repaid. However, we are taking our eye off the ball as far as Irish Life & Permanent plc is concerned. It put at risk €7...

Seanad: Order of Business (12 Feb 2009)

Terry Leyden: I appeal to the investors in Irish Life & Permanent plc to demand an extraordinary general meeting of that bank and call for the resignation of the chairperson and the chief executive. Gillian Bowler is a lovely lady who is great in tourism but not great in banking, as far as I can see.

Seanad: Order of Business (12 Feb 2009)

Terry Leyden: She is not in the House but, by God, she is here in spirit. Her and Seánie FitzPatrick and the chief executive——

Seanad: Order of Business (12 Feb 2009)

Terry Leyden: We should have a debate on the banks today. Again, I appeal to the investors in Irish Life & Permanent plc to demand an extraordinary general meeting and remove top management because they have let down the staff of the bank. The staff, decent, honest and hard-working young people, have been betrayed by their chief executive and management. Management knew Anglo Irish was a crooked bank,...

Seanad: Order of Business (11 Feb 2009)

Terry Leyden: I am horrified and shocked at the revelations regarding Irish Life & Permanent. Word came through on this last night during the Fianna Fáil parliamentary party meeting. People are shell-shocked at what is happening at present. The Government has been misled with regard to the purchase of Anglo Irish Bank. If this information had been available prior to it being nationalised, it would...

Seanad: Order of Business (11 Feb 2009)

Terry Leyden: They should resign forthwith.

Seanad: Order of Business (11 Feb 2009)

Terry Leyden: As a small shareholder I can speak for many and state that I am appalled to think of the money of ordinary people who saved and had trust, faith and hope in a very genuine Irish institution, namely Irish Life & Permanent. These people feel very let down today. We do not know where we are going at this point in time. People do not know the real story with regard to Anglo Irish Bank. We...

Seanad: Order of Business (11 Feb 2009)

Terry Leyden: These loans were transferred overnight to Irish Nationwide. Mr. Fingleton and others should resign because they collaborated in misleading the people. The Houses of the Oireachtas have been misled. People are tired of excuses and explanations. The fraud squad should be brought in to investigate what happened.

Seanad: Order of Business (11 Feb 2009)

Terry Leyden: People should be put on trial. People should be charged with fraud because this is fraud.

Seanad: Order of Business (11 Feb 2009)

Terry Leyden: It is a fraudulent misuse of the Irish trust and I call for the fraud squad to be brought in forthwith.

Seanad: Order of Business (10 Feb 2009)

Terry Leyden: The Senator would make a great director himself.

Seanad: Order of Business (10 Feb 2009)

Terry Leyden: They have all the solutions.

Seanad: Order of Business (10 Feb 2009)

Terry Leyden: It was an excellent speech.

Seanad: Order of Business (10 Feb 2009)

Terry Leyden: Will the Leader arrange for the Minister for Transport, Deputy Noel Dempsey, to come before the House to discuss the taxi regulator? The number of taxis in Dublin is 26,843 and the number of taxis has increased in smaller towns throughout the country. It is quite clear that a cap on the numbers is required because it will not be viable for those self-employed individuals who have taxi...

Seanad: Order of Business (10 Feb 2009)

Terry Leyden: It would be a wonderful exercise to have Members of the Seanad or Dáil serve on those boards. They would do an excellent job because they are the people who know what is happening. In the circumstances, they would not ask for large fees and would work pro bono. A few Members are eligible and I hope they forward their names to the Minister.

Seanad: Order of Business (10 Feb 2009)

Terry Leyden: I would not object.

Seanad: Order of Business (5 Feb 2009)

Terry Leyden: Exactly.

Seanad: Order of Business (5 Feb 2009)

Terry Leyden: Hear, hear.

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