Friday 9 December 2016

Jerome Reilly: We save their bacon, then they stick the boot into us

The Ombudsman is inundated with evidence of how banks are playing fast and loose with the rules

Published 01/09/2013 | 05:00

IT has cost Irish taxpayers €63bn to bail out the Irish banks, but rough treatment meted out to borrowers, shabby practice in relation to those with distressed mortgages and a new get-tough policy on repossessions means tens of thousands are sorry that we saved the banks.

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Today, in a Sunday Independent special investigation, we reveal just how the banks are dealing with the people who saved their bacon.

As the country faces a crisis, with 300,000 emigrating from these shores and 450,000 without work, we uncover a litany of sharp practice as Financial Ombudsman William Prasifka reveals a growing anger and distrust of the banks among the people who bailed them out.

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