Sinn Féin - On Your Side

Sinn Féin disappointed at Uel Adair’s comments.

5 November, 2008 - by Maeve McLaughlin


Sinn Féin disappointed at Uel Adair's comments.
Sinn Fein's Martina Anderson MLA (Foyle) has expressed disappointment at accusations by President of the Irish League of Credit Unions, Uel Adair that the organization has been snubbed by the Assembly.

Martina Anderson said:

"I am disappointed at the sweeping accusation by Uel Adair that the 'Assembly' has snubbed the Credit Union Movement. If Uel was paying attention instead of using the scatter-gun approach in his criticism he should be aware of the consistent and persistent efforts of Sinn Fein in the Assembly to have barriers to Credit Unions ability to offer wider Financial Services removed.

"In October 2007, May 2008 and again in June 2008, Sinn Féin called on the DETI Minister 'in the interests of offering our communities access to key financial services at an affordable rate and in a more consumer friendly atmosphere that the Minister should listen to the proposals by Credit Union of Ireland President, Uel Adair, for the provision of a wider range of services for Credit Unions.'

"Sinn Fein called on DETI Minister, Arlene Foster to introduce measure that would allow Credit Unions here to offer similar Financial Services to their counterparts in England and the South of Ireland.

"I believe that in the interests of offering our communities access to key financial services at an affordable rate, particularly in the present adverse financial conditions, and in a more consumer friendly atmosphere that the Minister should listen to the proposals by Credit Union of Ireland and Ulster Federation of Credit Unions for the provision of a wider range of services and investment opportunities to be made available to Credit Unions

"This would relieve the anxiety that many people have about banks. It would also ensure that any profits accrued from such transactions would benefit the local community rather than the Banks who are already making substantial profits.

"Although accepting that Uel, as is his right, may not share the Sinn Féin political analysis it would be nice if he could at least acknowledge the efforts that we are making in support of the Credit Union Movement

Connect with Sinn Féin