Oireachtas Joint and Select Committees
Tuesday, 16 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Discussion
2:00 pm
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I have not yet had the opportunity to consider that legislation because it is being handled by the Minister, Deputy Flanagan. It is not legislation that is specific to financial services or banking. It is to do with all of our country and economy and, as such, the policy recommendation on the Bill must come from the Minister, Deputy Flanagan.
As such, the policy recommendation on it needs to come from the Minister, Deputy Flanagan. On foot of this hearing I will ask for a copy of the legislation and I will read it to form a further view on it. I engaged with individuals on this matter towards the end of last year. With regard to the people I have met so far, the only thing that would give them a sense of recognition for all they have suffered is getting their money back, which means compensation and an adequate level of redress. To date, none of them has raised the new legal framework the Deputy referred to. That is not to say some do not want it. I will get a copy of the legislation. I will read it and form a view on it then. I will not offer the Deputy a view on legislation I have not read.
No comments