Oireachtas Joint and Select Committees

Thursday, 5 October 2017

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

Banking Sector in Ireland (Resumed): Ulster Bank

9:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

We all have to remember the human stories behind each case. We have all heard some of those stories in recent weeks when people found out that the bank was coming here. Some very harrowing stories and life changing situations were set out by people who, in some cases, paid tens of thousands of euro more than they should have over a period of years. It is devastating. The bank told the committee last December that 14 or 15 families had lost their homes as a result of overpaying the bank. Is there an update on that?

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