Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The Minister for Finance echoed those comments earlier when he said, "I have informed the Deputy previously that letters threatening repossession or legal action could not in my opinion be considered a sustainable solution under the mortgage arrears targets". The Minister is saying that letters threatening repossession or legal action should not be included because it was never the spirit of the targets that they be included. While the text of the targets says that it is allowed for them to be included, it is to be noted that 52% of the sustainable offers that have been presented by Ulster Bank, as a financial institution, have amounted to threats of legal proceedings or indeed legal proceedings. In that context, is it not the case that Ulster Bank has basically stuck it to the Minister for Finance?