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Bertie still trying to sell Fianna Fáil line that “we all partied” - Tóibín

14 December, 2015


Sinn Féin junior spokesperson on Finance, Peadar Tóibín TD, said Bertie is still trying to sell the Fianna Fáil line that “we all partied”, despite even his own evidence to the Banking Inquiry.

Deputy Tóibín said that by laying blame of the economic crash on ‘Joe & Mary Soap’ - Bertie Ahern is forgetting that 191 individuals held €62 billion of the debt in NAMA, including 29 developers with debts of €32 billion.  

Deputy Tóibín said:

“It is no surprise to see former Fianna Fáilers, like current Fianna Fáilers, attempting to play down the role of developers in the crash. They conveniently forget that 191 individuals held €62 billion of the debt in NAMA, with 29 developers having debts of €32 billion.

What is even more peculiar is that in the Banking Inquiry Bertie told the Committee that; “I mean, look what happened in the commercial property side. I mean, there was where the madness really took place.” So unless Joe and Mary Soap are developers he seems to have changed his story.

“This is a typical Fianna Fáil approach of trying to diminish the disastrous role they played in the crash by shifting the blame onto the average family who bought a mortgage. Joe and Mary Soap did not cause the collapse of the economy under Fianna Fáil and no amount of revisionism by Bertie Ahern or Micheál Martin can change that.”

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