Dáil debates

Wednesday, 18 January 2017

Questions on Promised Legislation

 

1:05 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

The legislative programme published yesterday contains a commitment to introduce the mortgages special court Bill or courts (mortgage arrears) Bill. Will that Bill contain measures that will tackle the scandal that is the banks' handling of tracker mortgages? We have a situation where in excess of €100 million and probably closer to €200 million has been stolen from the pockets of hard-pressed citizens. Every single major bank in the State is implicated.

They took money from customers they should not have. Not alone did they do that, but they took the homes of a number of those families. More than 100 individuals have lost their family homes and others have been bankrupted. What has happened is unbelievable and yet for years the Central Bank did not pick up on it. Banks that we own-----

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