Oireachtas Joint and Select Committees
Wednesday, 1 May 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Defective Concrete Blocks: Discussion
1:30 pm
Pearse Doherty (Donegal, Sinn Fein)
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We have scenarios at present where people are looking for loans from some of the BPFI's members in the banks. It is option 1, which is full demolition and rebuilding and it is stated very clearly by one of the main street lenders that people need to rip out the foundation as well. That is not part of the scheme, but at least one bank is demanding that in these circumstances and I do not believe it is unique. Why would that be the case?