
The Banking and Insurance Defective Block Focus Group says the Government needs to revisit its proposed 0% working capital solution.
The proposal was previously turned down by Government on the basis that the payment process was being streamlined.
However, homeowners are still waiting up to 12 weeks for payments under the Defective Concrete Block Grant Scheme.
Volunteer with the Banking and Insurance Defective Block Focus Group and an affected homeowner, Seamus Devenney says if the Government won’t accept the group’s proposal then it’s time they ensured payments were issued in a timely manner:
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