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AIB Bites the Hands that Feeds it – Tóibín

Aontú leader Peadar Tóibín TD

Aontú leader Peadar Tóibín TD has condemned AIB for “hammering families and small businesses at a time of crisis”.

He stated; At a time when families and businesses are struggling and jobs are at risk as the result of the global Covid-19 pandemic, it is shameful that AIB have charged clients their quarterly €100 fees. As those in need were scheduled to receive the first instalment of the Pandemic Unemployment Payment, they suddenly found themselves charged at a time when

the payment is often their sole source of income. We in Aontú are calling on AIB to refund customers the fees deducted and to grant a fees holiday for the duration of the crisis.

The imposition of fees completely contravenes an earlier statement by AIB Chief Executive Colin Hunt: “staff and systems are focussed on supporting our customers and

economy through this unprecedented crisis. To that end we have in place a range of robust measures designed to buttress customers against the enormous challenges now facing”;

Deducting quarterly fees from unemployment payments or subsidised wage packets is hardly indicative of support for customers and our economy during this crisis.

During the Financial Crisis, the Irish taxpayer was the one who bailed out the banks – saving them from insolvency. Due to government policy the banks in this country are allowed to earn billions of euro profit tax free. None of these actions have not been recognised or repaid by these financial institutions. Aontú calls on the Government – a major shareholder in AIB – to demand AIB to refund customers and institute a payments holiday for the duration of the pandemic.

By Aontú Press | 1 April, 2020

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The Irish political system is radically broken

In Ireland the vast majority of elected representatives put a finger in the air to check which way the political wind is blowing. They have one eye on their leaders – seeking brownie points – and another eye keeping their seat safe. If elected reps shut up and do as they’re told, they are promoted; if they stand up for what they believe in, they are demoted. No wonder we have the political class we have. No wonder one point one billion euro is being buried in a hole under the National Children’s Hospital and that Stormont is in stalemate.

Throughout Ireland, many people are now afraid to say what they feel, many are afraid to respectfully engage on a range of different topics. Many feel there is a new censorship and a new political correctness in Ireland, that opposition to the establishment is being deleted.

Respectful opposition is not the enemy. Respectful opposition is a critical element of a functional democracy. Aontú will have the backbone to stand up, without fear, for you.