Oireachtas Joint and Select Committees

Tuesday, 22 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Permanent TSB

2:00 pm

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

Mr. Masding was involved in that decision knowing at that time that there were dozens of cases, probably 80, before the FSO. At least, therefore, Mr. Masding knew at that stage that there were 80 similar cases before the FSO about which the High Court had made a determination that the bank had erred in law. Mr. Masding decided to fight them. He decided to fight the FSO, which was acting on behalf of his customers.

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