Seán Ó Fearghaíl (Kildare South, Fianna Fail) | Oireachtas source

Time is of the essence because the longer this matter is deferred, the deeper into arrears the people in question will get. People need solutions now. Will the Taoiseach give an indication of the timescale that is involved in the solution that he has put before us?

I am interested in the fact that the Central Bank stated there is a problem with seven lenders but it does not name them. I contend the public is entitled to know and that the public could then take action itself and make its own decisions had it that information. The Taoiseach and his Government gave the banks a veto in the insolvency legislation. Today, it would appear the Central Bank is giving further cover to the banking system by withholding this information. I understand the Central Bank Act provides for information to be disclosed where it is in the interest of the consumer. Is it not in the interest of the consumer that this information be put into the public realm? What timescale is the Taoiseach talking about before this happens?

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