Shane McEntee (Meath East, Fine Gael)

As stated, this could happen in any bank. It has happened once and could happen again. It is crucial that the relevant bodies are brought before us to explain what went wrong. If this were to happen again the whole country could be brought to a standstill. Deputy Michael McGrath referred to the person who may apply for a car loan in six or 12 months time only to find a black mark recorded against him or her. We must call in the relevant people from the Central Bank and other banks to ensure this does not happen. This matter will be forgotten about in six months time. It is important then that this matter is addressed prior to the recess. This could happen in any bank. I always knew it would happen at some stage. In my view, technology has gone too far. This is a warning, at great cost to many people. I agree with Deputies' comments on the matter, including that a person who applies for a car loan in six months time may be refused it because of this, which refusal will be communicated to the local branch manager who no longer has any say in that regard.

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