Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Sam Boal

'Contempt for Dáil Éireann': Government still plans to sell AIB shares despite vote against it

The Government yesterday forgot to vote against a motion delaying the sale.

OPPOSITION TDS HAVE hit out at Finance Minister Michael Noonan as he still plans to go ahead with the selling off of AIB shares, despite the Dáil yesterday passing a vote to delay the move.

The motion to prevent the sale of 25% of AIB was proposed by Labour yesterday. As campaigns for the Fine Gael leadership got underway, it seems the government forgot all about it.

The result of this was the Labour motion to delay the sale passing.

However, in a statement yesterday, the Finance Department yesterday said it would not be recognising the vote. As it was on a Private Members Motion, it was “not legally binding” the Department said.

In a statement last night, Labour leader Brendan Howlin said Noonan’s decision showed “a worrying contempt for Dáil Éireann”.

“If the Government wants to override a decision of parliament, then they should table a new motion, and seek majority support,” said Howlin.

Their disregard for the views of parliament amounts to the final nail in the coffin of this do-nothing Dáil.

Speaking this morning on RTÉ’s Morning Ireland, Howlin said the move “really underscores the complete impotence of the current Dáil”.

His statements were echoed by Social Democrat TD Catherine Murphy.

“Instead of respecting the democratic process, Minister Noonan is showing contempt for the Dáil,” she said.

He is trying to justify running roughshod over our parliamentary democracy by saying that the Programme for Government allows the sale of AIB shares.

Labour said it wanted assurances sought to ensure that the money would be used to pay for new homes, schools and hospitals.

In an article over the weekend, Howlin said that the sale would “reduce our debt-GDP ratio by just 1%”.

He said that the estimated €3 billion that the government would get from the sale of the shares must be kept in AIB “until such time as we know we can use it”.

Read: Richard Bruton rules himself out as Fine Gael leader – and will back Leo Varadkar

Read: Dáil votes to keep AIB shares because the government forgot to vote

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
56 Comments
    Install the app to use these features.
    Mute @mdmak33
    Favourite @mdmak33
    Report
    May 19th 2017, 8:52 AM

    Labour party showed nothing but contempt for the Irish people when they were in government​ with fg.brendan has a short memory,the public don’t.

    326
    Install the app to use these features.
    Mute Kevin Kane
    Favourite Kevin Kane
    Report
    May 19th 2017, 10:13 AM

    @@mdmak33: If it is one thing the Irish electorate have… it is indeed a very short memory.

    134
    Install the app to use these features.
    Mute Carl Nolan
    Favourite Carl Nolan
    Report
    May 19th 2017, 12:57 PM

    @@mdmak33: They helped turn the country from a bailout basket case to fastest growing economy in the EU. They made tough decisions but they were clearly the right ones. Would you rather be like Greece?

    17
    See 4 more replies ▾
    Install the app to use these features.
    Mute Dave Doyle
    Favourite Dave Doyle
    Report
    May 19th 2017, 1:32 PM

    @Carl Nolan: Tough decisions?? Do you know what a tough decision is?
    A tough decision would be to let the bankers pay their own debts. Let bankrupt developers pay their own debts. Let the bondholders who gambled suffer their losses.
    Instead they took the very EASY DECISION and forced those who never owed those debts pay for them.

    60
    Install the app to use these features.
    Mute Patricia Cooney
    Favourite Patricia Cooney
    Report
    May 19th 2017, 8:31 PM

    @Carl Nolan: the Greece shod have exit it there own doings

    1
    Install the app to use these features.
    Mute Alois Irlmaier
    Favourite Alois Irlmaier
    Report
    May 20th 2017, 5:29 AM

    @@mdmak33: But FG has been doing the same with FF backing them?

    4
    Install the app to use these features.
    Mute Noirin Kavanagh
    Favourite Noirin Kavanagh
    Report
    May 21st 2017, 11:55 AM

    @Dave Doyle: well said Dave Doyle!

    1
    Install the app to use these features.
    Mute Yenreit
    Favourite Yenreit
    Report
    May 19th 2017, 8:59 AM

    Place on the AIB board for the soon to be retired Mr. Noonan?

    233
    Install the app to use these features.
    Mute Paul
    Favourite Paul
    Report
    May 19th 2017, 9:01 AM

    @Yenreit: still a sitting TD so no.

    15
    Install the app to use these features.
    Mute Yenreit
    Favourite Yenreit
    Report
    May 19th 2017, 9:14 AM

    @Paul: Do you honestly think that would deter someone like Noonan?

    137
    See 1 more reply ▾
    Install the app to use these features.
    Mute pat seery
    Favourite pat seery
    Report
    May 19th 2017, 12:05 PM

    @Yenreit: And Kenny

    13
    Install the app to use these features.
    Mute The Risen
    Favourite The Risen
    Report
    May 19th 2017, 8:52 AM

    Cue the interchangable FG accounts explaining how the government are in the right to ignore our parliament…..

    208
    Install the app to use these features.
    Mute Paul
    Favourite Paul
    Report
    May 19th 2017, 8:55 AM

    @The Risen: private members bill, they ignore them all the time. If they didn’t there would be crazy laws passed daily.

    37
    Install the app to use these features.
    Mute Mick Power
    Favourite Mick Power
    Report
    May 19th 2017, 9:03 AM

    @Paul: Waste of time and money having them so.

    77
    See 2 more replies ▾
    Install the app to use these features.
    Mute Kerry Blake
    Favourite Kerry Blake
    Report
    May 19th 2017, 9:10 AM

    @Paul: It was a private members bill that was PASSED by a vote. That does not equate to “crazy laws passed daily”

    Not much point in having a parliament if the government ignores the democratic vote it provides…..

    93
    Install the app to use these features.
    Mute Ben Gunn
    Favourite Ben Gunn
    Report
    May 19th 2017, 1:07 PM

    @Paul: It was a private members motion, not a bill. As such it has no legal effect.

    3
    Install the app to use these features.
    Mute Dave Doyle
    Favourite Dave Doyle
    Report
    May 19th 2017, 8:51 AM

    Such is “democracy” in the country. Dail votes mean nothing.

    129
    Install the app to use these features.
    Mute Alois Irlmaier
    Favourite Alois Irlmaier
    Report
    May 20th 2017, 5:26 AM

    @Dave Doyle: Neither does democracy…

    7
    Install the app to use these features.
    Mute Adrian
    Favourite Adrian
    Report
    May 19th 2017, 9:03 AM

    It’s best they hold onto them for now. I’d prefer someone more capable and competent than noonan to make the financial decisions for the state.

    118
    Install the app to use these features.
    Mute Karen Wellington
    Favourite Karen Wellington
    Report
    May 19th 2017, 8:44 AM

    Please hire a proof reader

    112
    Install the app to use these features.
    Mute Dave Doyle
    Favourite Dave Doyle
    Report
    May 19th 2017, 9:22 AM

    The banks and Noonan, two of the greatest evils ever to beset the Irish people. The last kick in the goolies from Noonan from him.
    10,000E is the minimum needed to but in.

    91
    Install the app to use these features.
    Mute Nointerest Here
    Favourite Nointerest Here
    Report
    May 19th 2017, 10:51 AM

    I just want to tell commentators here that I am not a fianna Gael supporter. Like most people here I continually called out Fianna Gael lies and propaganda as I saw it. This site is riddeled with indoctrinated ultra conservative right wing clones who parrot off Fianna Gael lies and use fake statistics to support arguments. I simply highlighted this every chance I got because we are bombarded by their lies so I saw it as duty to do this.

    Yesterday the Journal did something that banned me from commenting. I got no email or was not informed why this happened. I can only deduce that the Journal does not allow any criticism of Fianna Gael. Be very careful what you say. The Journal may as well be called the Irish Independent and it is not democratic or allow freedom of speech in the public sphere. I can only make this comment now as I signed in with a Facebook account otherwise you would not be able to read it. I dispise Noonan and Fianna Gael for the lies they continually peddle and for betraying the Irish people but I see now that the Journal is incapable of handling what real Irish people think. I can only guess that a report or a phone call was made to ban my comments. I used to comment on other sites but I noticed this dubious censorship and control creeping into public debate. Now that this has happened I will be finishing any comments and won’t be contributing here anymore. It is clear that expressing honest opinions openly in a public online forum is no longer acceptable to the Journal. They have become part of the nanny establishment in government. Fair play to those who challenge the daily lies here put up by Fianna Gael liars who try to twist the truth simply because they know we know the truth and they are terrified that we might just inform the public. I think the public already know about the governments lies well and truly so they need not bother. But what is disturbing is the amount of control the media has at the behest of Fianna Gael. This comment section is controlled by Fianna Gael and that is clear. The editor and the articles here are right wing in the majority so they do not reflect Ireland today but only the vested interests. I apologise for the long comment but I may be blocked again so its my last.

    58
    Install the app to use these features.
    Mute alphanautica
    Favourite alphanautica
    Report
    May 19th 2017, 11:24 AM

    @Nointerest Here: those who incessantly accuse others of lies, while having no evidence other than their warped imagination and misconceptions, are most often themselves prolific liars.
    perhaps your lying and baseless fantasist accusations are what got you deleted yesterday?

    7
    Install the app to use these features.
    Mute Gus Sheridan
    Favourite Gus Sheridan
    Report
    May 19th 2017, 11:32 AM

    @alphanautica: FG, FF =. Lies.

    31
    See 2 more replies ▾
    Install the app to use these features.
    Mute leartius
    Favourite leartius
    Report
    May 19th 2017, 11:40 AM

    @Nointerest Here: Maybe blue Hugh is back at the journal to protect FG by banning comments.
    Your option can never be silenced and things always seems darker before a new dawn. Don’t let the privileged who have corrupted politics on this island win.
    Pick yourself up and prepare for another battle, the world would not be the same without your personal vision.
    Never let them know the pain there actions cause, a day will come when this fight against corruption will save us all.

    22
    Install the app to use these features.
    Mute pat seery
    Favourite pat seery
    Report
    May 19th 2017, 12:13 PM

    @Nointerest Here: Well written it only hurts them when people like you tell the truth
    Keep commenting please

    23
    Install the app to use these features.
    Mute Paul Coughlan
    Favourite Paul Coughlan
    Report
    May 19th 2017, 10:02 AM

    Noonan showing true blueshirt colours. AIB so blue (pun)

    49
    Install the app to use these features.
    Mute alphanautica
    Favourite alphanautica
    Report
    May 19th 2017, 8:44 AM

    It’s a non-binding vote against a clear decision already made by Government. Howlin’ is Spoofin’.

    It would be foolish not to cash some portion in now and put the money given to AIB back where it came from.

    59
    Install the app to use these features.
    Mute Paul
    Favourite Paul
    Report
    May 19th 2017, 8:51 AM

    @alphanautica: the opposition see the sale as a blank cheque which it is not.

    22
    Install the app to use these features.
    Mute alphanautica
    Favourite alphanautica
    Report
    May 19th 2017, 8:56 AM

    @Paul: the same opposition that were whining that money should not have been put in to support the Irish financial system, are now whining when the money is to be taken out.
    Lefty lunacy at its useless best.

    50
    See 1 more reply ▾
    Install the app to use these features.
    Mute Nointerest Here
    Favourite Nointerest Here
    Report
    May 19th 2017, 10:58 AM

    @alphanautica: Oh here we go more Left Lunacy. You forgot Looney left. You like L’s don’t you. So clever.

    19
    Install the app to use these features.
    Mute Honeybadger197
    Favourite Honeybadger197
    Report
    May 19th 2017, 9:16 AM

    Maybe Sinn Fein could ask their ‘old friends’ to advise on how to extract maximum value from a banks cash deposits.

    40
    Install the app to use these features.
    Mute Stephen murphy
    Favourite Stephen murphy
    Report
    May 19th 2017, 9:55 AM

    @Honeybadger197: They don’t rob banks anymore, the staff do it now and leave them bankrupt.

    49
    Install the app to use these features.
    Mute Honeybadger197
    Favourite Honeybadger197
    Report
    May 19th 2017, 11:05 AM

    @Christopher Treacy: You’re evidently hurt and triggered. The donkeys are their voters.

    6
    See 6 more replies ▾
    Install the app to use these features.
    Mute Gus Sheridan
    Favourite Gus Sheridan
    Report
    May 19th 2017, 11:29 AM

    @Honeybadger197: wow never saw that SF comment coming from you..what a surprise.You are a complete knob.

    18
    Install the app to use these features.
    Mute Honeybadger197
    Favourite Honeybadger197
    Report
    May 19th 2017, 11:43 AM

    @Gus Sheridan: Are you a SF voter?

    3
    Install the app to use these features.
    Mute Just Me
    Favourite Just Me
    Report
    May 19th 2017, 12:15 PM

    @Honeybadger197: So what if he is. Last I checked we still live in a democracy. Though judging by your Blueshirt parties antics of refusing to accept a democratic Dail vote . If we don’t get rid of you soon our democracy will be eroded.

    20
    Install the app to use these features.
    Mute Honeybadger197
    Favourite Honeybadger197
    Report
    May 19th 2017, 12:19 PM

    @Just Me: Another triggered supporter lol.

    3
    Install the app to use these features.
    Mute Just Me
    Favourite Just Me
    Report
    May 19th 2017, 12:53 PM

    @Honeybadger197: Maybe Noonan might ask Sinn Fein for lessons on how to calculate fiscal space.

    14
    Install the app to use these features.
    Mute Alois Irlmaier
    Favourite Alois Irlmaier
    Report
    May 20th 2017, 5:28 AM

    @Honeybadger197: Where is the money there?

    1
    Install the app to use these features.
    Mute Terry
    Favourite Terry
    Report
    May 19th 2017, 11:13 AM

    Michael Noonan has been shown contempt to the people of Ireland throughout his whole political career, so why in his final days would it be any different?

    40
    Install the app to use these features.
    Mute Nointerest Here
    Favourite Nointerest Here
    Report
    May 19th 2017, 10:54 AM

    This is right wing conservative vested interest news commentary. Those with editorial control will make sure those who call out Fianna Gael lies are blocked and removed yet Fianna Gael trolls can spew whatever venon they want unrestricted. The Journal should rename itself The Irish Independent/.

    37
    Install the app to use these features.
    Mute just readin
    Favourite just readin
    Report
    May 19th 2017, 8:53 AM

    But I thought Noonan was a great fella ?

    31
    Install the app to use these features.
    Mute Paul
    Favourite Paul
    Report
    May 19th 2017, 8:50 AM

    Needs to be sold and debit needs to drop not spend spend spend Labor.

    24
    Install the app to use these features.
    Mute Robert Hand
    Favourite Robert Hand
    Report
    May 19th 2017, 11:18 AM

    What do you expect from the party of Property and Security? Sure it’s now high on Property and low on Security. Bankers are revered by FG, no matter what sins committed. FF are but cheaper versions of FG.

    25
    Install the app to use these features.
    Mute Ray O'Toole
    Favourite Ray O'Toole
    Report
    May 19th 2017, 12:42 PM

    €20.8 billion invested to bail them out. €3.3 billion paid back so far. €3 billion expected from sale of shares. €6.3 billoin return on investment. 70% haircut. Hmmph

    16
    Install the app to use these features.
    Mute Chris Kirk
    Favourite Chris Kirk
    Report
    May 19th 2017, 9:41 AM

    Howlin had his chances when in government, Noonan was right to put him back in his box where he belongs. There is absolutely no reason for the state to own AIB any longer than it has to once it is showing a healthy profit.

    12
    Install the app to use these features.
    Mute Just Me
    Favourite Just Me
    Report
    May 19th 2017, 12:31 PM

    @Chris Kirk: I have no time for Howlin , but Noonan’s judgement is suspect. The selling of the Nama portfolio to vulture funds at a huge loss to the exchequer was and is damaging to our economy. Take as one example Batersea power station sold for 700 million and resold 8 months later for 1.2 billion, that’s hardly good management of our finances.

    30
    Install the app to use these features.
    Mute owen kirwan
    Favourite owen kirwan
    Report
    May 19th 2017, 9:56 AM

    This man has some cheek to call out fg when he was worse when he was minister their all the same

    15
    Install the app to use these features.
    Mute Donal Carey
    Favourite Donal Carey
    Report
    May 19th 2017, 9:06 AM

    Why would you sell anything back to them robbers

    20
    Install the app to use these features.
    Mute Paul Lane
    Favourite Paul Lane
    Report
    May 19th 2017, 2:32 PM

    Noonan’s behaviour is traitorous to Ireland. The hep c monster deserves nothing but contempt

    21
    Install the app to use these features.
    Mute Kerry Evans
    Favourite Kerry Evans
    Report
    May 19th 2017, 8:49 PM

    @Nointerest Here:

    I concur. …you hit the nail on the head
    Example from a real journalist
    Retweeted Gemma O’Doherty (@gemmaod1):

    The grovelling eulogies to @EndaKennyTD in recent days illustrate the glaring disconnect between the media and the Irish public

    8
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds