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Dáil
‹ Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

McDonald report on vulture funds

Summary

Deputy McGrath raises the McDonald report, saying it shows widespread breaches in land registry, repossessions and vulture fund practices. The Minister has not seen the report but says he will review it and revert to the Deputy.

I am glad the Minister, Deputy O’Brien, is here. I have just come from the audio-visual room where the McDonald report on housing and vulture funds was launched.

Comment on this

The McDonald report on housing and vulture funds. I hope the Minister will be able to read it. Mr. Edmund Honohan, former Master of the High Court, Mr. Cormac Butler and others spoke. Critical, independent analysis was carried out, and not by NGOs. It is found, and Mr. Edmund Honohan pointed out also, that many areas of legislation are flouted and broken daily in regard to the Land Registry, the vulture funds in the courts and the repossession of homes, farms and property. It is outrageous the Government is allowing this. Some judges, in fairness to them, are waking up to the fact the Land Registry papers that are being offered are totally invalid and fraudulent. The vulture funds do not have any access. They buy the keys of these properties and homes but they have nothing else. They have no documentation. When is the Government going to act? The Minister should read the contents of this report. The problem with housing is not supply, but rather that the Government is allowing vulture funds and other people are allowed to break the law and victimise people and families.

Comment on this

I ask Members to abbreviate the questions and the answers, please.

Comment on this

I have not seen the report.

Comment on this

I know the Minister has not seen it.

Comment on this

I am glad the Deputy has raised it. I will review the report and revert to the Deputy.

Comment on this