Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I need to pull up the Minister on his claim. He has not withdrawn it. Does he accept – he cannot but do so – that people who have had their loans sold to vulture funds currently do not have the same protections they would have if they had not been sold? Quite a large number of individuals do not. The Minister is in charge of the legislation that is supposed to stop this. It was me who pointed this out to his predecessor. The FSPO made the determinations. There is an amendment proposed but the Minister is not bringing the relevant legislation before the Dáil before the general election. That legislation will fall. Hundreds, if not thousands, of people who had their loans sold to the vulture funds, at the invitation of Fianna Fáil and Fine Gael, do not have the protection the Minister told the Dáil they would have.

They do not have the protection. The Financial Services and Pensions Ombudsman told the Government they do not, the Central Bank told it they do not and that the Government has to fix it. The legislation is still not going through and a general election will be called within 48 to 72 hours.

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