Oireachtas Joint and Select Committees

Thursday, 2 March 2017

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

Financial Services Ombudsman's Bureau - Strategic Plan 2017 and Tracker Mortgage Issues: Discussion

10:00 am

Mr. Ger Deering:

I would not know off the top of my head. Most of those were awarded in the early stages and there was not actually a lot of compensation. I am not commenting on whether that should have happened but at that stage they were putting people back pretty quickly. Compensation today for something that happened in 2008 or 2009 would have to be of a very different order to somebody who was receiving compensation in 2010 or 2011 for something which happened the previous year. It is a very different space we had now.

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