Oireachtas Joint and Select Committees

Tuesday, 4 September 2018

Joint Oireachtas Committee on Agriculture, Food and the Marine

Fodder Shortages and Drought Issues: Discussion

2:30 pm

Photo of Willie PenroseWillie Penrose (Longford-Westmeath, Labour) | Oireachtas source

I am not. Although I welcome the witnesses, I know it is the same old drivel I will get, not from them personally but from their institutions. They represent their institutions well but it is the same drivel. They have some neck to come and say the SBCI did not trigger the competition in the market and the low interest rates. They would have wended on their merry way, happily ripping off everyone in the place as they have done and continue to do in the absence of that. Always being truthful is very important. The response via a special pack of schemes arose directly out of that. Where were they before then?

I will ask every representative from the banks one question. How much is their institution charging in overdraft interest to persons, business and farmers? I would like them to answer now.

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