Dáil debates
Thursday, 2 February 2012
Debt Management Companies
3:00 pm
Michael Noonan (Limerick City, Fine Gael)
I again thank the Deputy for raising this matter. The Central Bank has moved in and frozen the company's accounts, and the company has gone out of business. The bank is assessing the position now to see what assets are available in the frozen accounts. I will communicate the Deputy's concerns to the Central Bank and will stress that she sees it as an absolute necessity that customers of the company get priority in the disbursement of funds available.
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