Oireachtas Joint and Select Committees

Thursday, 10 April 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland

10:20 am

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

In regard to legal proceedings, we have seen a figure of 3,478 for Bank of Ireland. Reference was made today to there being some 2,200 court proceedings initiated, judgments obtained and so on, but the way the figure has been presented to us does not include court letters. Will the delegates clarify whether the sum of 3,478 excludes court letters issued? If so, the figure of 3,478 is actually an underestimation.

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