Oireachtas Joint and Select Committees

Tuesday, 27 February 2024

Joint Oireachtas Committee on Housing, Planning and Local Government

Defective Blocks Scheme: Discussion

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

I thank the witnesses for again appearing before the committee, in particular Mr. O'Donnell and Ms Murphy. Ms Murphy reminded me that we have been working on this for 11 years in Mayo to try to get a solution and here we are again today discussing so many serious issues. I do not want to go back over what has been said, so I will concentrate my comments on anything our guests want to say. I am also a member of the finance committee, before which representatives of the Central Bank appeared a couple of weeks ago. I was appalled to hear the Central Bank's attitude to the way everything within the scheme has been handled. There does not seem to be any responsibility, even though banks under its jurisdiction made a lot of money from homeowners with an asset worth zero and they continued to take money all the time. Will our guests comment on that?

I have questions also about the SEAI. I have to hand a lot of documentation that has gone back and forth to the SEAI. Nobody, as far as I can see, is making progress. Will the witnesses speak to that? Do they know anyone among the people they are dealing with who is making progress with the SEAI, the banks or the insurance companies, which also come under the Central Bank?

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