Oireachtas Joint and Select Committees

Wednesday, 27 September 2023

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

General Banking Issues: Discussion

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I respect Mr. Hayes’s views, but I have to say that I do not buy that one and I will tell him why. They voluntarily surrendered. Why was that the case? It was because they were hustled. They were hustled day and night and were told about their obligations. They were told that what would happen eventually would be that the house would be repossessed. I have an example from only last week where a financial services company threatened the borrower with the acquisition taking place one way or another. They said, “Even after you die we will come back and get a hold of the house”. That is fine and we know how some people operate. I do not think that is funny at all.

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