Oireachtas Joint and Select Committees
Tuesday, 30 June 2020
Special Committee on Covid-19 Response
Impact of Covid-19: SME Recovery
Colm Burke (Cork North Central, Fine Gael) | Oireachtas source
Can I interrupt Mr. Moran? I have quite a number of files on my desk, including a case where people have been approved a mortgage but where only one of the parties is being paid by their employer. They are not getting a Covid payment but their employer is getting one and the banks are refusing to allow drawdown, even though the other partner in the transaction is getting their full salary. Both parties are getting their full salaries but because one of the employers is getting the Covid support, banks are refusing to allow drawdown.
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