Dáil debates

Thursday, 23 November 2017

Finance Bill 2017: Report Stage (Resumed)

 

4:10 pm

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source

As the previous speaker put it, these banks are running riot all the time. I urge the Minister of State to ensure that there is not one law for the banking community and another for the rest. Banks are companies. If we make an arrangement for one company and set a precedent for that company to get away with X, Y or Z, then why not do it for every other company throughout the country that incurs losses? Many small businesses throughout Ireland have suffered losses. Unfortunately, they do not get the same type of deals. I am deliberately using the term "deals" when referring to what the banks are getting.

As Deputy McGuinness pointed out, rightly, what they are doing is remarkable. Capita has now changed its name to the Link Group. We have to start dealing with another new set-up now. In recent weeks, a letter went out to all the people who the company is torturing at the moment. We have another new company set up along with the 300 others with various types of names. These companies are sending letters out to people. These companies seem to be doing whatever they want to the ordinary person, yet they are still clapped on the back and get whatever relief is needed.

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