Oireachtas Joint and Select Committees

Tuesday, 26 January 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Banking Sector and Central Bank of Ireland: Discussion

2:35 pm

Photo of Paul CoghlanPaul Coghlan (Fine Gael)
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I have a supplementary question. That sounds grand, with respect, but we know these companies bought these loans at knock-down prices and that they are screwing the people. They have been able to carry on with impunity because we are powerless. I accept Professor Lane's comments about a gap being filled but when will there be an effect and when will we have some control over the practices involved and the way these companies conduct their business?