Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Not only did it impact the number of customers Mr. Masding is talking about, but up to 30,000 customers were also impacted because of the Permanent TSB's selfish decision to appeal this to the Supreme Court because the Central Bank did not take action. Representatives of the Central Bank have told the committee it could not take action because of a Supreme Court challenge. Friends of mine and family members of mine, who were screwed over by banks and who were lodging appeals to the Financial Services Ombudsman, received the response that there was a case before the courts and they had to wait for that case to be dealt with. That was Permanent TSB's case. Not only did the bank's action impact on thousands of customers, it impacted on the lives of tens of thousands of customers who could not get redress at that point because Permanent TSB decided in its interest to appeal this to the Supreme Court. Is that not the case? Does Mr. Masding dispute what the representatives of the Central Bank said, that it could not initiate a wide-scale tracker rate mortgage examination because of the legal challenge by Permanent TSB?