Fine Gael Push Embarrassing Banking Motion

Fine Gael are attempting to further embarrass the Government over the current banking crisis with a private members motion scheduled for tonight.

The Dáil will hear the motion in an evening session, which will call on the Government to make Irish banks more accountable to the public.

The Fine Gael motion will also ask the Government to identify the names of the 10 investors in the so-called Anglo Irish Bank "Golden Circle."

The motion is not expected to be passed, but is instead designed to embarrass the Government over its handling of the banking crisis and will call on Brian Cowen's to outline what steps the Government and the banks are now taking to recover the estimated €300m in debts on behalf of the tax-payer.

Among other demands, the motion will call for the replacement of the current board and management team of the Financial Services Regulatory Authority and request the Office of the Director of Corporate Enforcement be given the lead role in all investigations into the Anglo Irish bank.

The Government are expected to say that adequate measures have been put in place to deal with the banking crisis and are expected to win the vote tomorrow night.


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