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Bula Limited (Acquisition of Shares) Bill, 1977: Report Stage (Resumed).

Dáil Éireann - 16 March 1977

Bula Limited (Acquisition of Shares) Bill, 1977: Report Stage (Resumed).

The most significant aspect of the Minister's attitude in this regard is his failure to accept this amendment. His alleged justification for not doing so is a very thin one; it would not be proper to put it into this. It could be very appropriate if such a proposition came up in the future and the Minister's hands were tied and he could not agree to it as a shareholder. It could be a very useful weapon to have. I am afraid the real truth of the matter is becoming clearer and clearer. I want to remind the Minister that, however much he tries to cover up the failures which have been piling up, failure upon failure, in this regard as more information comes to light, the whole story will come sooner or later and really he would do better to tell us the whole story now and in the process let us try to salvage something from the wreck by accepting amendments of this kind. The Minister chooses not to do so. We have done all we can. The Members who support him will have to take the responsibility for what they are doing.

Forum: Dáil Éireann

Tellers: Tá, Deputies Lalor and Browne; Níl, Deputies Kelly and B. Desmond.

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  • Tá (53 votes cast)
  • Níl (61 votes cast)

Declared

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