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Sinn Féin Dáil team says ‘Stop the Handover’ – ‘Ná géile ár maoin’

18 October, 2011 - by Gerry Adams

Sinn Féin TDs and Senators are calling on people to join them in a campaign to ‘Stop the Handover’ of billions of euros to Anglo bondholders. The first bond payment comes in 14 days and will cost €700 million. This unguaranteed senior bond will be paid out on 2 November. In January €1.2 billion will be paid out. This is against the backdrop of an austerity budget that will take over €4 billion out of the economy.

Sinn Féin President Gerry Adams announced details of a petition and urged the public to use their voice and tell the government parties to ‘Stop the Handover’. He also gave out the numbers of the Taoiseach’s and Tanaiste’s office and asked people to contact them.

Speaking from the launch Mr Adams said:

“On 2 November, this government will pay out a €700 million unguaranteed senior bond in Anglo Irish bank. This bond payout comes just one month before an austerity budget which will inflict hardship on children, on carers, on the disabled and on the working poor. In January a further €1.2 billion will be paid out – the 2 November is only the first payment of billions of taxpayers money.

“The government plans to take between €3.6 and €4 billion out of the budget. A €700 million saving could mean no household charge. It could mean no welfare cuts. Even the smallest cut has the potential to wreak so much damage. The cut of 200 Special Needs Assistants this year caused untold damage for families with special children and saved the state only €6 million.

“I am encouraging people to make their voices heard. People power can stop this outrageous payout. I am asking everybody to sign the petition and lobby the Taoiseach and their local TDs directly and tell them to ‘Stop the Handover’. The Taoiseach can be reached at 01 6194020 and the Tánaiste at 01 4780822.”

The ‘Stop the Handover’ petition can be accessed at the following link

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