Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Professor Philip Lane:
Right. In line with the way in which this examination is being conducted, however, it does not matter who now holds the loan. If the original lender put someone on an inappropriate rate or refused to put them back on a tracker after fixes and so on, it is that original lender who is responsible and who will have to offer redress and compensation.
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