Dáil debates

Wednesday, 3 March 2021

8:15 pm

Photo of Pádraig Mac LochlainnPádraig Mac Lochlainn (Donegal, Sinn Fein) | Oireachtas source

To be very clear and brief, the Mica Action Group that led the campaign carried out a survey of the affected families. Right now, the assets of the banks are worth very little more than the site valuation. The houses are not worth anything, but when they benefit from the scheme, they will be restored to full market value, which is worth hundreds of millions of additional euro. That is a huge gain for the banks.

Comments

No comments

Log in or join to post a public comment.