Oireachtas Joint and Select Committees

Wednesday, 5 July 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Defective Block Redress: Redress Focus Group for Banking and Insurance

Ms Donna McDade:

Not really. We had the property demolished in February and I received my first payment from Donegal County Council at the end of May. We have borrowed €50,000 and I have borrowed an additional €16,000 from my parents. Six months into this project, we are €66,000 into this ourselves. I am fortunate to be in a position whereby I could get the money from the credit union and that my family members were in a position to lend me some money, but that is not sustainable at all.