Oireachtas Joint and Select Committees

Wednesday, 5 November 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Banking Sector: Bank of Ireland

2:45 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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Yes. When I questioned him, Mr. Boucher said the bank would torpedo any personal insolvency proposal that required a debt write-down on secured debt. Is that still the practice and policy of the bank? Alternatively, is somebody going behind Mr. Boucher’s back and writing down debt or agreeing to the personal insolvency proposals?