Mr. Jeremy Masding:

I have heard the Deputy's views on this matter over the past two years. In his position, therefore, I absolutely respect the depth of his feelings. However, as he has made the point very particularly about me, I would like to stand over the manner in which I have conducted myself throughout this exercise. I was not working in Ireland when this problem was sown in Permanent TSB. The Deputy has focused on one particular issue but I want to reference the following: the steps I took to end the appeal to the Supreme Court, once new information was given to me; ensuring the resources and supports necessary to have a successful and speedy conclusion in 2015 of the mortgage redress programme, which established the blueprint for how the industry has responded to the issue up to date; sponsoring the establishment of the product review group to rule out legacy issues; putting in place a pause on all legal actions being taken by the bank in respect of mortgage arrears, and in response the Deputy's point about the loss of ownership, we are the only bank that I am aware of that has done this; and ensuring the timely conclusion of the industry-wide tracker examination, as detailed this afternoon. I am happy that my conduct is that becoming of a Permanent TSB CEO.