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
Paddy Burke (Fine Gael) | Oireachtas source
Ms Rowland said it is clear that all lenders did not sufficiently recognise or address the scale of those unacceptable failings until the Central Bank intervention. The Financial Services Ombudsman failed the majority of those people. It has been said quite openly here by people who have come to other meetings. It was the courts that brought it to the attention of the Central Bank. It failed them as well. It failed many of those people. Was it not the courts that brought this to the attention of the Central Bank? People had to go to the courts to get some form of redress.
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