Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I thank the Minister for his response. He mentioned that the Central Bank has noted our motion. In his correspondence or dealings with the Central Bank, has it indicated that it will do as this House has asked of it? It was asked to set a deadline for each financial institution so that there is clarity as to when individuals will be restored to the correct rate, when arrears, which should not have built up, will be rectified and when payments will be made to those individuals in respect of the redress.

One of the big problems here is that these banks have been caught out robbing their customers. I have used that word again and again and sometimes I use it to be provocative, but that is what they did. The big concern here is that 15,000 individuals have been robbed by the banks. They attempted to take approximately €800 million from these individuals but did not get away with it. What are we going to do? Will it be just a slap on the wrist, a case of putting the money back and a fine for the institutions? Where is the individual responsibility here? Even thought the Minister mentioned that individual culpability will be looked at I am not convinced that the Central Bank has carried out an investigation robust enough to actually look in those directions.

See this speech in context