Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

2:40 pm

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

Yes. If AIB has outsourced my loan book to Certus - banks have entered into such contracts and are continuing to do so - Certus will be writing to me to tell me I have fallen into arrears, etc. If I believed it was not behaving appropriately and decided to go to the Financial Services Ombudsman on that basis, against which institution would the case be taken? At this time, it would be taken against AIB-----

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