Dáil debates

Wednesday, 2 October 2013

10:30 am

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

These are the Governor’s statistics. How can the Taoiseach credibly claim repossessions are a last resort when the evidence from the Central Bank is the opposite? The banks first and foremost are referring people to repossession or surrender of property. That is the reality. The problem is that the Taoiseach surrendered control of this to the banks and put them into the driving seat with legislation after the Dunne judgment and by diluting the protection to the consumers under the mortgage arrears code of conduct. There is a major issue here.

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