Dáil debates

Wednesday, 14 February 2018

Central Bank (Amendment) Bill 2018: Second Stage [Private Members]

 

3:05 pm

Photo of Imelda MunsterImelda Munster (Louth, Sinn Fein) | Oireachtas source

Just over one in four customers who face these higher mortgage charges have received compensation. As a result of the decision of these banks, we know that more than 100 families have lost their homes and in excess of 30,000 will be directly impacted by this scandal. The Taoiseach said before that this behaviour was scandalous and he said there should be a timeframe for redress and compensation, but nothing has happened. Is it not the same old story, that nobody is never held to account for white-collar crime in this State? A person can be arrested for being homeless in this State, but if a person makes somebody homeless, he or she can be given a big cheque and a tax break. These people are also exempt from any sort of accountability or responsibility despite that they have stolen more than €1 billion from thousands of families.

The banks were bailed out by the taxpayer to the tune of €64 billion, which is five times the HSE's funding. We all know about people who have been pushed to the edge, and over it, while the faceless bank officials walked away scot-free. The Government will never hold them to account. It is too weak to do so.

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