Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source

-----who are working, who have salaries and who want to pay their mortgages. They have asked the banks to do a deal with them, but all they get in response is obstacles put in their way by the banks. There has been no action on this front. The banks were recapitalised to the tune of €9 billion to deal with the issue of mortgage impairment and mortgage difficulties, but there has been no engagement between the banks and their customers. I will ask the Taoiseach the same question again. Will there be independent oversight of the banks in their dealings with customers? To date, they have demonstrated, as evidenced by the remarks of the Governor and the Deputy Governor of the Central Bank, that on their own and left to their own devices, they will not deal effectively with those in arrears. That is why the Government needs to intervene in an affirmative way to ensure there is independent oversight of the behaviour of the banks in their dealings with customers.

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