Oireachtas Joint and Select Committees
Wednesday, 17 April 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Bank Charges: Discussion with Central Bank and ISME
4:00 pm
Michael Creed (Cork North West, Fine Gael)
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It is rather invidious that a number of investors are aggrieved because they are locked out of the redress that was made available to others who were better informed and resourced. Perhaps those people had better legal advice and stronger financial resources to pursue a legal case. The poor performance of the product came to the attention of some investors too late in the day. Such matters should come under the remit of consumer protection.
The issue of redress for all who purchased it should concern the Central Bank and Mr. Sheridan.