‘People of Éire’ lodge summons against BoI

An organisation which says it represents 1,000 members of the public lodged a summons with the High Court yesterday morning making a number of allegations against Bank of Ireland, including gross negligence and breach of contract.

The group, which calls itself People of Éire, said the plenary summons lodged on behalf of a young Cork couple will be the first of a number against financial institutions to be lodged over the coming weeks.

People of Éire said the cases “will seek to expose a number of issues surrounding the economic collapse of Ireland. The cases will deal with a number of different areas, including the damage to the rights of the borrower, the breach of regulatory requirements, the breach of acts and statues relating to company law and financial reporting”.