Dáil debates
Tuesday, 18 February 2014
Other Questions
Cabinet Committee Meetings
4:55 pm
Micheál Martin (Cork South Central, Fianna Fail) | Oireachtas source
I will not have such a discussion. When will the committee meet again to specifically discuss those 13,000 mortgage holders affected by the IBRC liquidation, as the Taoiseach has mentioned March? The vast majority of these are rank and file people and they are being thrown to the wolves. They are very insecure and anxious about this issue.
It is remiss of the Government not to have thought something through regarding this cohort of mortgage holders. In essence, their loans can be sold to concerns that will not be regulated by the Central Bank and that will not have obligations under the code of practice. When one talks to people, it seems that those higher up the scale get sorted out and looked after, while mortgage holders do not. Will the committee be meeting specifically on that issue in the very near future?
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