Kieran O'Donnell (Fine Gael) | Oireachtas source

I wish to raise a number of points with Mr. Beades. Legislation provides that vulture funds must have an agent operating in Ireland and it is the agent who deals with the holder of the loan. I have spoken to customers of Ulster Bank, who were similarly in the GRG group. Some of them have told me that they were directly dealt with by the vulture fund and not by the agent at all. Has Friends of Banking Ireland experienced or has it knowledge of cases in which vulture funds that have not been regulated in Ireland have gone directly to the customer on issues?