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

11:30 am

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

In my view, the bank has abused this situation. The Minister for Finance is on the record of the Dáil as saying this week that he does not view the threats of legal repossession as the banks meeting their targets. He told me two months ago that he was going to communicate that to Bank of Ireland. I know he is playing politics in this and he hides behind the Central Bank, but has he written to the bank expressing the opinion he expressed in the Dáil - that the threats of legal repossession should not be used to reach the MART targets?

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