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Seanad
‹ Order of Business

Banking accountability and tapes

Summary

Senator Cullinane demands justice for those responsible for the banking and economic collapse and calls for statements about contacts between Fianna Fáil Ministers and bankers. He seeks disclosure and debate on possible tapes from other banks, with opposing Senators raising Boston College recordings and wider political accountability.

I raise the issue of the Anglo Irish Bank tapes and the need for banking executives to be brought to justice. I am conscious that we must be careful with what we say because criminal investigations may be pursued, but the people of Ireland want people to be brought to justice. They want the people who were responsible for the collapse not only of the banking sector but also of the economy to be brought to justice. Senator Leyden stated that the country's image had been tarnished by the leaking of these tapes. The image of the country was tarnished by the rotten relationship that existed between developers, bankers and certain politicians.

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Between gunmen and politicians.

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That is what led to our tarnished reputation, the collapse of our banking sector and the economy and the dire consequences for ordinary people. That should be a source of embarrassment for Senator Leyden's party, and his colleagues should face up to their responsibilities. I repeat the call my party has made over the past several weeks for Deputy Martin, who was a senior figure in the previous Cabinet, to make a statement to the Dáil setting out which Fianna Fáil Ministers met with bankers and what was said in those meetings.

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Deputy Adams might answer questions about tapes.

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Paddy Burke An Cathaoirleach Fine Gael

Senator Cullinane without interruption.

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There is a responsibility on the part of the Taoiseach to find out. As Senator Leyden said earlier, the truth hurts. It hurts the people who are suffering because of the relationship between Fianna Fáil and bankers and developers, and because of the mess that party made of this country. The Senators opposite can wash their hands of it all they like, but people know this.

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Paddy Burke An Cathaoirleach Fine Gael

Does Senator Cullinane have a question for the Leader?

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Are there other tapes besides the Anglo Irish Bank tapes?

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They are in Boston College.

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Are there tapes in Irish Nationwide or Allied Irish Banks? What about the EBS and Bank of Ireland?

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Deputy Adams will not speak up.

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Are there tapes in Irish Life & Permanent?

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What about all the murders?

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We need a proper debate on the issue of the banks.

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What about the tapes in Boston College? When will they be debated?

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The issue is being discussed everywhere except the Houses of the Oireachtas.

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Paddy Burke An Cathaoirleach Fine Gael

Senator, you are way over time. Resume your seat.

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It is unacceptable.

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When will we listen to the tapes in Boston College?

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