The Minister's response contained no logic in regard to not allowing an inclusion in the legislation to the effect that the State would apply for retroactive recapitalisation of the moneys invested by the previous and current Government into the banks. These moneys amount to €14,222 per man, woman and child. Many people feel the Government has given up the ghost in regard to these moneys. Therefore, I wish to press amendment No. 1, the only amendment on Report Stage, on behalf of Sinn Féin.
European Stability Mechanism (Amendment) Bill 2014: Report Stage (Resumed) and Final Stage
Debate resumed on amendment No. 1:
In page 3, between lines 18 and 19, to insert the following:
"2. Following the passing of this Act the Minister for Finance shall in 2014 make an application for the direct retroactive recapitalisation of the capital injected by the State in Irish banks as per the Direct Recapitalisation Instrument.".
- (Deputy Pearse Doherty)
Amendment put:
The Dáil divided: Tá, 28; Níl, 69.
Tá
- Adams, Gerry.
- Boyd Barrett, Richard.
- Broughan, Thomas P.
- Collins, Joan.
- Colreavy, Michael.
- Coppinger, Ruth.
- Crowe, Seán.
- Doherty, Pearse.
- Ellis, Dessie.
- Fitzmaurice, Michael.
- Fleming, Tom.
- Healy, Seamus.
- Higgins, Joe.
- Mac Lochlainn, Pádraig.
- McDonald, Mary Lou.
- McGrath, Finian.
- McLellan, Sandra.
- Mathews, Peter.
- Murphy, Catherine.
- Ó Caoláin, Caoimhghín.
- Ó Snodaigh, Aengus.
- O'Brien, Jonathan.
- O'Sullivan, Maureen.
- Pringle, Thomas.
- Ross, Shane.
- Shortall, Róisín.
- Stanley, Brian.
- Wallace, Mick.
Níl
- Barry, Tom.
- Breen, Pat.
- Burton, Joan.
- Butler, Ray.
- Byrne, Catherine.
- Byrne, Eric.
- Calleary, Dara.
- Carey, Joe.
- Conaghan, Michael.
- Conlan, Seán.
- Connaughton, Paul J.
- Conway, Ciara.
- Coonan, Noel.
- Corcoran Kennedy, Marcella.
- Costello, Joe.
- Cowen, Barry.
- Daly, Jim.
- Deasy, John.
- Deering, Pat.
- Doyle, Andrew.
- Durkan, Bernard J.
- Farrell, Alan.
- Ferris, Anne.
- Fitzgerald, Frances.
- Fitzpatrick, Peter.
- Flanagan, Terence.
- Gilmore, Eamon.
- Griffin, Brendan.
- Hannigan, Dominic.
- Hayes, Tom.
- Humphreys, Heather.
- Keating, Derek.
- Keaveney, Colm.
- Kehoe, Paul.
- Kelleher, Billy.
- Kenny, Seán.
- Kirk, Seamus.
- Kyne, Seán.
- Lowry, Michael.
- Lynch, Ciarán.
- Lyons, John.
- McCarthy, Michael.
- McFadden, Gabrielle.
- McGuinness, John.
- Martin, Micheál.
- Mitchell, Olivia.
- Mitchell O'Connor, Mary.
- Murphy, Eoghan.
- Neville, Dan.
- Ó Cuív, Éamon.
- Ó Fearghaíl, Seán.
- Ó Ríordáin, Aodhán.
- O'Donnell, Kieran.
- O'Donovan, Patrick.
- O'Dowd, Fergus.
- O'Mahony, John.
- O'Reilly, Joe.
- Phelan, Ann.
- Phelan, John Paul.
- Quinn, Ruairí.
- Rabbitte, Pat.
- Ryan, Brendan.
- Shatter, Alan.
- Smith, Brendan.
- Stagg, Emmet.
- Stanton, David.
- Troy, Robert.
- Tuffy, Joanna.
- Twomey, Liam.
Tellers: Tá, Deputies Aengus Ó Snodaigh and Pearse Doherty; Níl, Deputies Paul Kehoe and Emmet Stagg.
Amendment declared lost.
Bill received for final consideration and passed.
The Bill will be sent to the Seanad.