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

11:50 am

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

Some months ago, I wrote to this committee and it was agreed that we would invite the Minister for Finance to come in to see how we would exercise this 14% shareholding in Bank of Ireland. I ask that we contact the Minister again and see if he will come in and attend this committee meeting to discuss how we will exercise the 14% shareholding by the taxpayer over which he exercises the voting right and that he explains how he is going to use it.

I do not think Mr. Boucher is acting in the best interests of the taxpayer, the bank or its shareholders, and I want the Minister of Finance to come before this committee at the earliest opportunity.

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