Dáil Éireann Debate, Tuesday - 26 March 2013
206. Deputy Michael Healy-Rae asked the Minister for Finance his views on correspondence (details supplied) regarding repossession of farm equipment by a bank; and if he will make a statement on the matter. [14995/13]
View answerMy Department has no responsibility in relation to the seizure of farm equipment. I would expect that such seizures are carried out in accordance with the law and that proper notice was given to the person affected regarding alleged outstanding debts on the equipment. However, if that was not the case and the Deputy suspects that an illegal action took place in relation to this particular seizure, then the matter should be reported to An Garda Síochána. The Deputy might also like to check with the Central Bank to see if the agents of the Bank in question operated in accordance with the Central Bank’s Code of Conduct for Business Lending to Small and Medium Enterprises.
