Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It is more of a question. Was compensation paid as part of a redress scheme? Perhaps Professor Lane's colleague might be in a position to answer this question. The Central Bank has to sign off on the redress schemes that are being put forward by Permanent TSB, AIB and so on. When the Central Bank took action in the Bank of Ireland case in 2011, was there a redress scheme that included the offering of compensation to these individuals? If not, will the Central Bank ensure the 2,100 individuals in question are compensated for the pain and suffering caused by the bank applying an inappropriate mortgage interest rate on their mortgages, in the same way as the bank's current customers would be if the same thing were to happen now?