Séamus Healy (Tipperary South, Workers and Unemployed Action Group) | Oireachtas source

The Minister is the majority shareholder in these banks and he has obviously given permission to the banks to repossess family homes. He could equally instruct these banks not to go down this road and repossess family homes. He could call an emergency meeting of these bank boards and instruct them not to repossess family homes. I ask him to do so immediately and if bank directors do not agree, they should be sacked, as the Minister has the power to do so as a majority shareholder. This is urgent and, irrespective of the Minister's comments, thousands of families in the country are facing homelessness because of banks in which the State has a majority shareholding. The Minister could give instructions to stop these repossessions and I ask him to do so immediately.

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