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
Pearse Doherty (Donegal, Sinn Fein)
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I thank our guests for coming before the committee this afternoon. I particularly thank them for sharing their own personal stories. They are all victims in relation to this scandal. We seem to be dealing with scandals nearly every day in this House.
The revised scheme has been published. I will start on that topic. I am sure all four witnesses have gone through what that means for themselves personally. I have looked at the guidelines. It continues to talk about how it is a 100% redress etc. Have the representatives looked at this themselves? What does it mean? In their own cases, does it mean that there is a shortfall in this scheme? Obviously, any shortfall will feed into the need for, not bridging finance, but actual finance. I ask them for their comments.. While I know this issue is hot off the blocks because it was published just yesterday, can they share any initial views on it?