Rose Conway Walsh (Sinn Fein) | Oireachtas source

Some are covered under the code of conduct and some are under the consumer protection role. I want to get at this in terms of accountability. All of these cases are unravelling in terms of how small businesses, farmers, homeowners and those who have bought a second house are being treated by vulture funds. I want to know about this for the future.

We are dealing with tracker mortgages in the main now. I can see down the line where we will be dealing with this. We are dealing with it at the moment but this will gather pace in the coming months and years. I want to know where the buck stops when it comes to the consumer protection role in terms of having the proper measures in place and when it comes to implementation as well.

There is an alarming disconnect between the stories we are hearing and what is coming from the Central Bank. Where do people go when they have a problem with vulture funds? I will offer one instance. Will the Central Bank representatives tell me where someone like this could go? The person has the vulture fund calling to the house, ringing all the time and harassing all the time. The people involved had bought a second property. It is a case of the fund agreeing to stop harassing the woman if she signs over the family home. The thinking is that the woman will be fine then because the fund will not bother her anymore. She can live in the property for as long as she is alive. Then when she is dead, the fund will take over the property. That is the solution being provided. What would the Central Bank say to that woman?