Global coverage of Anglo tapes embarrassing, says FF’s Leyden

Focus should be on bringing those responsible to justice, says Ivana Bacik

People wanted to see individuals responsible for the collapse of the banks brought to justice in the courts, Ivana Bacik (Lab) told the Seanad.

“That is where the focus should be,’’ she added. “I was pleased to see the former director of public prosecutions, Jim Hamilton, suggest the priority should be the criminal investigation.’’

Ms Bacik said that as legislators they should ensure adequate resources and structures were in place so the investigation could be carried out expeditiously.

Terry Leyden (FF) said the Anglo Irish Bank tapes were receiving enormous coverage around the world. It was embarrassing, he added, while in Strasbourg last week, to see the coverage the disclosures were receiving and the way Ireland was being portrayed as a cowboy country.

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No collusion
Mr Leyden insisted there was no axis of collusion between the bank and the late minister for finance Brian Lenihanand taoiseach Brian Cowen at the time. He added that time should be set aside for a comprehensive debate on the issues involved.

David Cullinane (SF) said the country’s image was tarnished by the rotten relationship that existed between developers, bankers and certain politicians.

“That should be a source of embarrassment for Senator Leyden’s party and his colleagues should face up to their responsibilities.’’

John Whelan (Lab) said he came from the Laois-Offaly constituency which was the heart of the midlands and turf-cutting country. His family had cut turf for generations.

“I do not take lightly how seriously families take the issues of land rights, access to land and turbary rights,’’ he added.

“Nonetheless, I was horrified to see a wanton act of destruction over the weekend.’’

Mr Whelan said it showed deliberate, blatant and flagrant disregard of the law. “It is even more disturbing that the person leading the charge in these special areas of conservation – he is bragging and boasting about it – is a member of the Dáil.’’

Michael O'Regan

Michael O'Regan

Michael O’Regan is a former parliamentary correspondent of The Irish Times