Stephen Donnelly (Wicklow, Independent)
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Thank you. Within the context of public interest versus the interest of the bank, I want to come on to the personal insolvency legislation. As I am sure both witnesses are aware, it is the clear intent of the Minister for Justice and Equality, Deputy Shatter, and the Government that there would be debt forgiveness as part of the personal insolvency legislation. Mr. Boucher is reported in Monday's newspapers as "categorically ruling out reducing a portion of the personal debt of any of its customers". Can the witnesses tell me their position? Do they agree with Mr. Boucher or, as public interest directors, do they disagree with his position?