Pearse Doherty (Sinn Fein)

I am disappointed that the Minister of State will not accept the amendment. The National Pensions Reserve Fund has entered into new territory. As we have said, it is not being used for the purposes for which it was originally established. Annual reporting may have sufficed in the past. I do not question the best standards or practices used in such reporting. Now that we are funding banks that have been involved in extremely dodgy dealings, there is an onus on us to provide for additional reporting so we can know how this €7 billion is spent. We are talking about a huge amount of money. The Minister of State said earlier that a report is needed so he can tell us how much these executives should be paid. It is strange that, in this instance, he is not willing to provide for a report to be published every quarter. I do not believe he needs a report to tell us how much banking executives should be paid. I am asking for a report to be produced every three months so we can know where €7 billion of public money is being spent. The Government's priorities are absolutely——