Oireachtas Joint and Select Committees

Thursday, 17 May 2018

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

Resolution of Non-Performing Loans: Discussion (Resumed)

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

These companies are purchasing home loans owned by the people we represent, as Mr. Burgess stated earlier. Politicians and financial advisers have different roles. Our role is to represent ordinary people. Last week, I was approached by a lady who has an EBS mortgage. She is separated and fits the criteria Mr. Hall mentioned. She is absolutely petrified. A representative from EBS called to her home a number of days before Christmas. She rang me and was absolutely petrified. I rang a personal insolvency practitioner I know who had a contact in EBS and the dogs were called off. Mr. Burgess needs to understand our role. Many of us are accountants.

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