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 Marie SherlockMarie Sherlock (Labour) | Oireachtas source

I appreciate that, and I do not mean to interrupt, but, clearly, if somebody's home has been repossessed and he or she still owes more than 10% to the bank, while others are getting to hold onto their homes and having 90% of their debt written off, that is a very stark picture. I would think that the eight situations are probably burnt into their brains. They should be in that the repossession of any family home is an enormously serious matter and, therefore, we would like to hear the detail as to whether the eight had the 90% written off.

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