Oireachtas Joint and Select Committees

Wednesday, 30 March 2022

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

Engagement with the Central Bank of Ireland

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

The Central Bank might provide us with a note on its role in that, whatever bit that is. I am trying to cut the debate short because I am abusing my position and I am sure I will be chastised by members later on. The Master of the High Court, Mr. Honohan, was in the news and he said he was referring certain papers to the Central Bank for consideration because he could not believe the grab that was being made by the banks. That is a further example of the banks acting in a particularly aggressive way towards clients because they believe they are in the last few yards of the dash. I am shocked at what I am seeing and what I am being told. I will try to get it all into some correspondence to Mr. Makhlouf and I would hope to get a response on the issues in so much as he can respond.

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