Dáil debates

Thursday, 11 February 2021

Ceisteanna ó Cheannairí - Leaders' Questions

 

12:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

The only reason the Deputy needs to shout me down when I answer is that he does not want people to hear the truth. That is the only reason that he has to try to shout me down every time I try to answer. He knows full well that the Government cannot interfere in court cases. He knows full well that the Government cannot direct an independent regulator like the Central Bank. The Central Bank is aware of the issue and has been apprised of the issue - it was apprised of it long before the Deputy did anything about it. It is examining the situation and it will be up to the Central Bank to decide on the appropriate course of action.

In the meantime, the case has happened. It was an important test case and I pay tribute to those who took that case. I think it is good that FBD Insurance said that it would cover the cost, whatever the outcome. I pay tribute to the people who took the case. We now have case law that says that cases like this are argued and adjudicated in favour of the clients. We will see in the next few weeks - this case is still active - what the quantum is and what the implications are for other businesses.

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