Oireachtas Joint and Select Committees

Thursday, 8 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland

9:30 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

The Central Bank knew all along that the banks were out of order completely but it let people go to court. Could it not have stepped in and asked the banks not to put people through that hardship, indicating that it intended to issue fines?

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