Seanad debates

Wednesday, 18 May 2005

11:00 am

Photo of Frank FeighanFrank Feighan (Fine Gael)

I join with Senators in calling for a debate on the financial institutions. I do not believe that we as politicians and legislators sufficiently highlighted the unfair deal agreed with them in regard to the offshore accounts. As Senator Ross rightly pointed out, we are all aware that many innocent people from abroad were seduced by them. I hope that we as legislators will try to redress the imbalance that exists. Many elderly people took what they believed to be good and impartial advice for which they are now paying the price. We must ensure that these innocent people will be protected.

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