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
12:50 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
What the bank is doing could not be described as anything other than punishment. What it is doing is punishing people because it knows they cannot pay, but it still demands that they do so, including by bringing the legal system down on top of them to force them to pay. There is no word describe it other than "punishment".
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