Oireachtas Joint and Select Committees

Thursday, 2 March 2023

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

Debt Write-down and Debt Resolution Policies: Allied Irish Banks

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I have made many representations to AIB in the past. I have represented people whose houses were being repossessed who were at the end stage of cancer. We reached out to AIB and in fairness, AIB might have paused in terms of sending letters at certain points in time. A property search is easy enough if you are able to determine an asset but for individuals who have come to me or other individuals who are in debt settlement arrangements with AIB, how does AIB ensure that the information they are providing is correct? If AIB determined at some point in the future that the information was not correct, what comeback does it have regarding the debt settlement it entered into?

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