Oireachtas Joint and Select Committees
Thursday, 11 December 2014
Public Accounts Committee
Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013
11:10 am
Robert Dowds (Dublin Mid West, Labour) | Oireachtas source
As this is a relevant issue for this meeting, why is there not someone here today to address it? It is a critically important issue for so many people around this country, and it frustrates credit unions. There is a related issue in that there are restrictions on credit unions giving loans to people who they know are good bets. There is a lot of distrust of the sort of intelligence that some of the local people in credit unions have. This is what I hear from my own credit union in Clondalkin. It frustrates me that the person from the Central Bank who can deal with this issue is not here. This is probably the most important issue that is before us for discussion today, and I would like to see some progress on it.
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