Seanad debates
Wednesday, 18 May 2005
Order of Business.
10:30 am
Ann Ormonde (Fianna Fail)
I support Senator Cox regarding the letters being sent to elderly people, who may be tax-compliant, regarding money they may have invested in life assurance policies. It has raised fears in old people that they are now suspected of money laundering. We should have a debate in this House to put people's minds at ease, particularly elderly people who find themselves obliged to account for money they have saved over the years. Such people may be vulnerable simply by virtue of the fact that they must explain themselves. The issue has raised many fears in people and I agree with Senator Cox.
No comments