Oireachtas Joint and Select Committees

Wednesday, 28 June 2023

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

Authorised Push Payments Fraud: Discussion (Resumed)

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

There are meetings with the banks during which issues come up. This is not directing the banks but simply saying to them, "For God's sake folks, report the fraud". They have the information, they know a fraud is being committed and they should pass it on to the Garda. They should not only do it when they are losing money. There are countless thousands of other people losing money and their cases should be reported as well. The banks have the information and Bank of Ireland is doing it, so why can the others not do it? That would not be a direction. I was not aware of this until AIB informed us. Perhaps the Minister was not aware of it either. I imagine he was not because it is surprising.

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