Oireachtas Joint and Select Committees
Thursday, 12 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Customer Experience
9:30 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I appreciate that and think it is very welcome. I am sure all members of this committee would be very familiar with the personal impact. I know people very close to me who are victims of the tracker mortgage scandal. We know the stories, the pain and the hurt that has caused families. It is not just financial pain but other pain too. The question that I am struggling with here is that we had the banks attend the committee in recent weeks and they told us that there are now more victims than they originally estimated, that more people have lost their homes, that some of these people have not been put back onto their tracker rates, that they have missed targets and so on. What do we do about it? If the Central Bank is doing everything that it can and the Government is not going to step in as the major shareholder in a number of the banks, what do we do?
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