Further calls for banks to contribute to 100% Mica Redress

 

The need for banks to contribute to a 100% Mica Redress Scheme has been highlighted once again.

Donegal Deputy Padraig MacLochlainn called on the Finance Minister in Finance Committee to request that the banking, constructions and insurance sector make a contribution to the scheme.

He called for a number of measures to be included in the revised scheme including; a state guarantee and for the housing association to have a role.

Deputy MacLochlainn fears history will repeat itself:

In response to Deputy MacLochlainn, Minister Paschal Donohoe says the Finance Bill is not the place to raise such issues.

He says understands the challenge facing Mica affected families and admitted that their plight is very different to those affected by pyrite.

Minister Donohoe says the enhanced redress scheme is in its final stages:

Advertisement
Advertisement
Advertisement
Advertisement