Tuesday 21 November 2017

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

Jerome Reilly

Jerome Reilly

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.

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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