Jerry Cowley (Mayo, Independent)

I seek the adjournment of the Dáil under Standing Order 31 to raise a matter of national importance, namely, how AIB Wexford could overcharge a small business, Tweedswood Limited in Wexford, so much that it almost went into bankruptcy last week; that AIB has admitted this overcharging but disputes the amount of €460,000 on foot of overcharging calculated by a specialist company Bank-Check of Belfast and is offering €66,000 as the amount overcharged; to ask how much overcharging is going on and how this can happen, despite legislation and a financial regulator; whether legislation can be introduced to protect the citizen who has little remedy before he can take action, as the courts and the Ombudsman can take at least a year to deal with such matters; and the lack of independent audit of the banks to ensure they are accountable.

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