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

It is the only sample we have. We know the system is not working. One reason is that the bank holds a veto. It has shown today it is very willing to use it. It has vetoed one proposal and voted against the other. When a proposal from a PIP comes forward and Bank of Ireland has the ability to veto it, and where a debt write-down could take place, will it exercise that veto? Mr. Boucher told us writing down is not the bank’s policy.