Dáil live: Focus on Niall Collins statement over controversial sale of vacant site

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Dáil live: Focus on Niall Collins statement over controversial sale of vacant site
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Leaders' Questions gets under way in the Dáil but House awaits statement from Fianna Fáil TD Niall Collins

Leaders questions is under way in the Dáil on Thursday with the focus on when Fianna Fáil junior minister Niall Collins will make a statement to the House about the controversy relating to his wife’s 2008 purchase of a property from Limerick County Council. The statement is expected to take place at 1.45pm.Tánaiste Micheál Martin said it is important that the full story is told and that at the outset the full story was not told by The Ditch investigative website.

“I’m a fair person. I’ve been a member of this House for a long, long time. But the world of politics has changed. I understand what has changed. I know what’s going on here in terms of the broader political world,” he said.Social Democrats leader Holly Cairns raised the statement of junior minister Niall Collins is due to make and said that questions remain.

He said it cost more than €700 million in 2008. Mr Martin acknowledged people are being impacted by higher rates but that the budgetary process was the most appropriate way to deal with cost of living measures, adding that overall the Government will look at mortgage interest relief in the context of the budget and wider cost of living measures.

On Monday the head of Belgium’s central bank warned that investors are underestimating how high euro zone borrowing costs will rise,So, what’s the Niall Collins controversy about? On Monday night Mr Collins issued a statement on the land sale to his wife through the Fianna Fáil press office. He said that the process was “open” and “transparent” and added that he was not a member of the council in September 2008 when the sale was completed.

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