Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Rose Conway Walsh (Sinn Fein) | Oireachtas source
I am not filled with confidence after listening to the witnesses. I thought there would be much clearer answers. It seems that the whole process is dogged by ambiguity, inconsistency and outright obstruction of the Central Bank's attempts to deal with this. It can hardly fill people with confidence. I think people will really despise the way the term "common culture" is used as a fancy term to dress up what many of us would see as systematic fraud and collusion to remove millions from individuals and families. Maybe we can get to the bottom of a few things here. I will address the matter of people who were told, maybe several years ago, that they were out of scope. They received a letter from the bank, thought that was the end of it and did not take further action. What will these people do now? Does the Central Bank advise them to go back to their banks, or what else? Can the Central Bank intervene for them?
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