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

How can Mr. O’Keeffe reassure people that the bank is consistent because customers see high profile cases reported on in the media in which millions of euro and sometimes tens of millions of euro are written off by the bank and believe they are being pursued right through the courts system, ending up with a judgment and the sheriff being involved? Surely in cases in which there is full disclosure by the borrower, there are up-to-date valuations on file and there has been a thorough assessment made, it is far better to deal with them in a non-adversarial and non-litigious manner and reach an agreement, even if it involves writing off debts rather than securing an asset in a very messy way that leaves a sour taste in the mouth?