Darragh O'Brien (Fianna Fail)

I am sure we all share the deep disappointment expressed by the Taoiseach yesterday following the slap in the face given to the Government and the Irish people by AIB and the Bank of Ireland. I have raised this issue every morning this week, and once again I want to propose an amendment to the Order of Business. We need to call the Minister for Finance or the Minister of State at the Department of Finance to come into this House and tell us if the Government is going to produce legislation that will enable the Government ensure that ECB rate cuts are passed on to mortgage holders in this country.

The public bailed out AIB and more than 95% of it is owned by the taxpayer. We also have a significant stake in Bank of Ireland.