Cuffe’s letter to banks is “totally unacceptable” – Murphy

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Independent TD Verona Murphy

An independent TD has joined calls for clarity on a letter sent by Green Party MEP Ciarán Cuffe to CEOs of banks.

Last month, it emerged that the Dublin MEP sent letters to bank bosses expressing concern over the approval of large loans for young farmers to increase their herds.

It is understood that the letter raised concerns about the banks’ lending programs, as well as a reference to their continued investment in a carbon-intensive sector.

Independent TD, Verona Murphy has expressed serious concerns following reports of the letters.

A Bank of Ireland spokesperson confirmed Agriland that he had received a letter from the MEP. A spokesperson for AIB said he was unable to discuss correspondence between the bank and other parties.

“Incredible act”

The representative for Wexford said this kind of communication from an MEP to the banking industry is “totally unacceptable”.

Deputy Murphy said:

“I fully support the farmers, their representative organizations, and especially our young farmers in their condemnation of the correspondence.

“This incredible act once again highlights our Dublin-centric policy, which shows no consideration for rural Ireland,” added Murphy.

Attack on farmers

TD said it believed the sending of the letters was a “dangerous and blatant attack” on young farmers looking to build a future for themselves and their families.

“Agriculture is one of Ireland’s most indigenous industries, providing jobs for hundreds of thousands of people and the sector is currently under attack from all sides of government.

“The industry is being pushed to the brink of existence with the current government oblivious to the very real and current harsh realities of the agricultural economy,” Murphy said.

Clarity needed

Deputy Murphy joined calls for Green Party Leader Eamon Ryan to make a statement on the matter:

“I call on the leader of the Green Party to clarify this letter to the Irish people that this is a Green Party point of view, and whether he himself supports the point of view of the Green MEP Ciaran Cuffe.

“We need MEPs supporting the sector, not cutting it and attacking it with every turn,” concluded Murphy.


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