Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
There is nothing to stop the bank from reversing out of it. If the will is there to do so and the bank wants to deal with legacy issues, I suggest that both parties could very easily stand back from the litigation and attempt to mediate. In most cases, in fact, particularly those to do with banks, judges point to customers and banks going to mediation to resolve issues. It seems to be a very sensible approach and it has worked. I again press Dr. Hunt to consider what the judge has said in terms of mediation. If he does not wish to answer, he might tell me, given that the case was heard in the High Court in 2019, where else there is to go.
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