Allied Irish Banks. One of the 'Big Four' Irish commercial banks. In February 2009 the government included AIB in a €7 billion rescue plan and on the 30th of September 2010 the Government took a majority stake in the bank, meaning that it is now a nationalised bank.
Finance Minister Michael Noonan has said that an attempt to verify exactly who the bondholders who received €1 billion this week are would be an “irretrievable” step towards default.
A MOTION OF no confidence in the Minister for Justice will be debated in the Dáil next week with Fianna Fáil claiming Alan Shatter’s position is now “untenable”.
The opposition party has been fiercely critical of the Fine Gael deputy’s handling of an ongoing row with Independent TD Mick Wallace.
“The Minister has shown extremely poor judgement of late. In particular, he used private information he received from the Garda Commissioner to undermine an opposition TD on Prime Time last week,” Niall Collins charged.
Shatter is currently facing two investigations by the Data Protection Commissioner and the Standards in Public Office Commission over his actions. He was also forced to clarify the nature of an incident where he was breathalysed by gardaí but could not complete the test because of asthma.
Although the motion of no confidence is unlikely to pass (as the government can table a counter-motion), TheJournal.ie wants to know what you think. Is Alan Shatter’s position as minister untenable?