Dáil debates
Thursday, 25 June 2009
Financial Services Regulation.
6:00 pm
Olwyn Enright (Laois-Offaly, Fine Gael)
While the Minister is delighted the institutions took up the invitation, should MABS not have contacted them in advance to ensure that they would sign up?
The Minister will probably be aware of the comments of the Master of the High Court. He still expects an avalanche of claims. The figure in this regard has trebled since he made his comment in February. Will the protocol be sufficient? The Master of the High Court is listening to what is being said every morning. He hears the stories of the people affected, many of whom have no legal representation, and he believes the worst has yet to come in terms of repossession cases in his court. Will the protocol prevent this? Are the comments the Master of the High Court made this week correct?
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