Oireachtas Joint and Select Committees

Tuesday, 3 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with AIB

5:55 pm

Mr. David Duffy:

They have been getting communications but what is different is that they believe there is a possible consequence now. There was no consequence before, and I think that is the difference. To come back to my point, if half of our people in arrears have not provided a SFS, that is half of the people to whom I cannot provide an offer. We are out pounding down the doors trying to get people to look at the MARP stuff, look at what they are required to do, come to us and engage so that we can engage in a solution. The principle I am trying to articulate is not blame. It is that unless the two of us can work together they will never get a solution and we cannot offer one. It is a challenge not just of execution; it is a challenge of education and communication as well.

With regard to Priory Hall and the court actions, I am not even sure I fully know what all the court actions are but they have nothing to do with the issue. I think there are court actions involving Dublin City Council but as far as I understand it, Dublin City Council is paying for these people-----

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