Sinn Féin - On Your Side

Sinn Féin votes against government’s terms of reference for IBRC inquiry

10 June, 2015


Sinn Féin TDs have today voted against the terms of reference for the commission of investigation into IBRC. 

Speaking after the vote in the Dáil Deputy Peadar Tóibín said he was disappointed though not entirely surprised that Fianna Fáil sided with the government on the issue despite protestations by Micheál Martin about the government’s terms of reference.

He said; 

“Sinn Féin has a serious concern that the terms of reference of the commission of investigation into IBRC are too narrow and we tabled an amendment which reflected these concerns. 

“My colleague, Deputy Pearse Doherty last night put information into the Dáil record which clearly demonstrated the need for the terms of reference to be extended to include the period after the liquidation of IBRC which included the sale €21.7billion worth of loans. 

“Despite this the government has refused to amend the terms of reference and therefore Sinn Féin did not support the government on this issue and voted against these terms of reference. 

“It remains to be seen whether the specific case raised by Pearse Doherty last night is covered under the current terms of reference. 

“But what we do know is that there are many other allegations which will not be covered in the inquiry unless the terms of reference are amended to cover the period after the liquidation of IBRC. 

“If the government wants these issues examined then they should amend the terms of reference to instruct the judge to look at the sale of €21.7billion worth of loans that took place after the liquidation.

“This will remove any legal uncertainty, guarantee the assurances given by the ministers and

secure public confidence.

“It is very disappointing though not entirely a surprise that Fianna Fáil voted with the government and against the Sinn Féin amendment.  This is despite protestations by Mícheál Martin about the government’s terms of reference.”

Connect with Sinn Féin