Seanad debates
Thursday, 8 July 2004
Order of Business.
10:30 am
Joe O'Toole (Independent)
The Aer Rianta Bill, unfortunately, will be pushed through next week. The House will be prevented from making changes and it will be an absolute charade. I accept Second Stage will be useful to put issues on the record but, after that, it will be a charade. Did the Attorney General give advice to the Government on the Bill before it was published? Has the Attorney General been made aware of the conditions and restrictions attaching to the €500 million borrowings of Aer Rianta? Is the Government, including the Attorney General, satisfied no risk attaches to those borrowings going forward? There are significant problems and this issue needs to be addressed. I will return to it at a later date. However, I would like clarity on whether the Attorney General has examined this issue and whether he has been absolutely assured no restrictions attach to Aer Rianta's borrowings; otherwise, what is proposed would be dangerous and risky for the taxpayer.
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