Few realise that it was in fact People For Economic Justice who uncovered the full list of bondholders of the now defunct Anglo Irish Bank.
As we are all aware, Fine Gael ran a very successful campaign during the 2011 election. This campaign ran on a platform that marshaled around one convincing and powerful phrase: “Not one more cent!”. This promise was broken in record time upon Fine Gael and Labour taking office, when the Government stated that the repayment of the bondholders was paramount to securing funding from the so-called Troika (meaning Threesome in Russian) of The European Central Bank, The European Union, and The International Monetary Fund.
This out-and-out lie was proven false almost immediately. There were NO provisions what-so-ever in Ireland’s bailout deal, which sets the requirement of the repayment of bondholders. In addition to this revelation, Enda Kenny and his cabinet stated on no uncertain terms, on more than one occasion, that not only were they planning on repaying 36 billion of the Irish taxpayers money to these bondholders, but that they did not even know who these bondholders were!
Without further ado, let People For Economic Justice clear up any confusion the Government may have about who the bondholders are.