Pat Flanagan: Get ready for the great ATM robbery - because you'll be the victim

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Pat Flanagan column: Get ready for the great ATM robbery - because you'll be the victim patflanagan1

The biggest ATM robbery ever is about to be pulled off, but this time it’s the banks themselves who are staging the heist.

In case you weren’t aware, Bank of Ireland is planning to sell off 700 of its ATMs, while AIB has put 375 of its cash machines on the market which will be run by the highest bidder. While the bastard banks are again throwing their customers to the wolves, this loophole has been known about for nearly 20 years yet governments never brought in laws to close it. It also shows once again the Central Bank is on the side of the big corporations and not the consumer.

But that’s not enough, instead of delivering more services to the public they want to provide less and charge more. In the case of AIB, it’s a double scandal as the Government holds a 70% stake which means the State owns nearly three-quarters of the ATM machines which will shortly be ripping the public off.

 

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