Deputy McHugh calls for Government hit banks ‘where it hurts’

Donegal Deputy Joe McHugh has called on the Government to consider paying social welfare payments into people's Credit Union accounts instead of insisting it is paid into a bank.

Deputy McHugh says it would be one way of punishing some of the larger banks responsible for the economic crisis who still pay out large salaries and pensions to some of their executives.

He was speaking in the Dail during a debate on the Credit Union Bill 2012.

Deputy McHugh says it is time to hurt banks in their pockets just as many of them have done to the people: