Kevin Humphreys (Dublin South East, Labour)
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I have no wish for anyone to go through unnecessary worry, stress or hardship. The bank has made the statement clearly. The Governor can look back on the record. I believe the representatives treated this committee with great disrespect in their manner and considering the code of conduct and the legislation. We are all big boys and girls around the table and we can take it, but I have no wish to see anyone who engages in a personal insolvency arrangement in good faith be treated in that way.

At this stage, I am really asking the Governor to clarify the code of conduct of the banking institutions, to clarify that if they proceed according to the statements they have made on the public record in this committee then they cannot fulfil their obligations to the Central Bank, and to reaffirm that the Central Bank is watching and that whatever actions need to be taken will be taken instantly. We should not have to wait for another committee meeting to analyse it. Mr. Boucher has stated his policy categorically. The insolvency service and the personal insolvency practitioners have said they are not satisfied with it. The Governor has said he is not satisfied with it. I am asking the Governor to act before some homeowner is put through that distressing situation. The Governor should put it to Mr. Boucher that his policy statement made at this committee is unacceptable. That is what I am asking.