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 John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

In addition, one is asking a person who has been beaten up by the bank over a long number of years to find the energy to confront the vulture fund or its agents. That is a David-and-Goliath battle that is not won by the throw of a stone, I am afraid. It is harrowing to listen to the stories.

I have another point I wish to take up with the witnesses. The four individuals who appeared before this committee and told their stories were asked the hard questions. How hard does Mr. Burgess think it was for them to appear before a committee and pour their family circumstances out before the nation in order that others might be saved from experiencing the difficulties they experienced? Without their testimony, the Central Bank would still be turning a blind eye.

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