Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

The bulk of the decisions taken by Permanent TSB were taken between 2004 and 2008, which was before my watch. Practices were not corrected then. Subsequently, it went to a Supreme Court case and on into 2013.

The Central Bank is independent but is responsible under law to investigate matters such as this and to rule out malpractice in financial institutions. I will bring the Deputy’s concerns to the attention of the Central Bank because he has indicated he firmly believes the practice also prevailed in other institutions. If that is so, it should be fully investigated.

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