Seanad debates

Thursday, 12 July 2012

10:30 am

Photo of Sean BarrettSean Barrett (Independent)

Yesterday, Senator Higgins collected signatures from all Members in respect of a petition relating to the suspension of the imposition of bank charges during the current debacle at Ulster Bank. I ask the Leader to take up this issue with the Minister for Finance, Deputy Noonan. The banks intend to abolish chequebooks but in light of the debacle to which I refer, any action in this regard must be postponed. What is happening at present is certainly an instance of where a paper trail is required to discover what is happening in banking. In light of yesterday's all-party agreement and the fact we do not know what is going on in the banking sector in this country at present, I ask the Leader to bring this matter to the attention of the Minister and the Minister of State, Deputy Brian Hayes, in order that they might impress on the public interest directors in our banks the need to retain chequebooks.

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