Oireachtas Joint and Select Committees

Thursday, 11 October 2018

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

Sale of Property Loans (Project Glas) By Permanent TSB: Discussion

11:30 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

A member of this committee wrote to Permanent TSB about a person who has a performing loan and has never missed a payment. They had another loan, a second loan, and for some reason, which was the bank's fault, it went into arrears, which was rectified after a couple of months. This guy has been notified that his loans are being included in the sale, however, and the bank is saying it can do nothing about it. The witnesses have said here on a few occasions that the bank is still dealing with individual cases right up to the finish. The Deputy in question, who may be here later, has asked me to raise this issue and has written to the bank about it, as has the individual involved. It would seem the bank is treating everyone in a global-----

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