We use Google Analytics to see which pages are read and how the site is used, so we know what to improve. This only runs if you accept. See our privacy notice for details.

Dáil
‹ Questions on Promised Legislation

Bank treatment of families

Summary

Deputy Mattie McGrath described a family’s long-running dispute with AIB and accused banks of ruining lives, then pressed for proactive action against pillar banks. The Tánaiste said individual cases could not be discussed but accepted there may be a broader problem requiring a strong Central Bank and regulator.

Pat the Cope Gallagher An Leas-Cheann Comhairle Fianna Fáil

Deputy Mattie McGrath, is this a question on promised legislation?

Comment on this

Yes. The programme for Government is supposed to support farm families and businesses. As Deputy Pearse Doherty did with the Tánaiste, I raise the issue of the banks, especially AIB. I have been in contact with a family, Tim and Nora. They have written to the Tánaiste, but ten years later they are going around in circles with the bank. They were overcharged by €90,000 and are being treated like pariahs. They cannot get answers from AIB. They are just sent further around the merry-go-round. It is State terrorism-----

Comment on this
Pat the Cope Gallagher An Leas-Cheann Comhairle Fianna Fáil

A question, please.

Comment on this

-----what is being done by the banks to these people, including many families. They got no response from the Tánaiste when they wrote to him.

Comment on this
Pat the Cope Gallagher An Leas-Cheann Comhairle Fianna Fáil

A question, please.

Comment on this

When will the Government take proactive action with these pillar banks that the people bailed out? They are running amok and literally destroying people's lives, which are ending up in suicide, ill health, family separation-----

Comment on this
Pat the Cope Gallagher An Leas-Cheann Comhairle Fianna Fáil

We have the question.

Comment on this

-----and businesses destroyed.

Comment on this
Pat the Cope Gallagher An Leas-Cheann Comhairle Fianna Fáil

The question concerns proactive action in respect of the banks.

Comment on this
Simon Coveney The Tánaiste Fine Gael

We cannot discuss individual cases here, obviously-----

Comment on this

No, but the Tánaiste knows about the case.

Comment on this
Simon Coveney The Tánaiste Fine Gael

-----but if they are a symptom of a broader problem-----

Comment on this

There are thousands of similar cases.

Comment on this
Simon Coveney The Tánaiste Fine Gael

-----then of course the Government needs to deal with them. This is why we need a strong Central Bank and a strong regulator, and that is what the Government needs to focus on delivering.

Comment on this