Seanad debates

Wednesday, 3 May 2006

National Pensions Reserve Fund: Motion.

 

6:00 pm

Photo of Terry LeydenTerry Leyden (Fianna Fail)

If the managers of this independent fund believe they will get a return from investing in public private partnerships, nothing will prevent them from making such investments. The Minister would not object to such investments. It is an independent fund. I strongly recommend that the fund should invest in Aer Lingus, for instance. If we are prepared to ask the public to invest its funds in a public-private company like Aer Lingus, we should not be surprised if the fund has the confidence to invest in Aer Lingus as well.

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