Oireachtas Joint and Select Committees

Thursday, 1 February 2018

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

Tracker Mortgages: Ulster Bank

9:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The bank has made provision for €211 million. Does Mr. Stanley believe there will be any accountability – I am nearly laughing as I ask this question because I know this is not going to happen because accountability within the bank is bizarre but I will ask it anyway: does Mr. Stanley expect any accountability within the bank? Does he expect the bank to try to figure out why this happened, why so many people were affected, why the bank took people's houses from them, why it destroyed people's lives? I could read an email I got from a customer which is horrific. It speaks about, in their words, being "harassed" by Ulster Bank because they were falling into mortgage arrears. They were brought in by Ulster Bank and questioned about the amount of money they were spending on hospital charges to visit their dying mother, it speaks about the problems in their personal life in terms of mental stress and taking medication as a result of all this. This is the responsibility of Mr. Stanley's institution. Will there be any accountability?

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