Dáil debates

Wednesday, 13 December 2017

Finance Bill 2017: From the Seanad

 

8:35 pm

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

They are foreigners and we cannot even get to them directly. We talk to the subbie they have hired called Capita or a new name. They change their companies regularly. The Minister needs to forget about politics. We are talking about human beings all around Ireland. They are Irish people whom the foreign companies have bought. There might be 30 or 40 companies, for example, all of the Promontorias, Aran and so on, as well as Cerberus. There is one thing behind them: torture for families in this country, which is unacceptable, but we can do nothing about them because there are no regulations for them. It is bad enough that someone is going to pay for what he or she bought and that they will make 60% on it. If they bought a farm for €15,000, they will get €40,000 and want 10% interest and add costs. They are looking for blood money. This cannot continue.

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