Dáil debates
Wednesday, 24 June 2015
Credit Unions: Motion (Resumed) [Private Members]
7:25 pm
Niall Collins (Limerick, Fianna Fail) | Oireachtas source
I am not trying to be divisive about it; I am asking the question. How could anyone who has had the experience of relying on a credit union in order to purchase school uniforms, bring children on their first holiday or buy a washing machine possibly stand over what has been happening to the movement? Be it by the Government, senior civil servants or the regulator, a mindset change is required.
In the short time available to me, I wish to refer to a number of credit unions in the Limerick area that have suffered large losses as a result of investments in IBRC.
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