Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

That is fair enough. The reason I asked is because Ms Goggin said in her opening statement that the CCPC does not have any information to open a criminal investigation. I presume the CCPC does not have to open a criminal investigation. It can open one similar to that being undertaken with regard to the insurance industry. The CCPC is an organisation which is tasked with upholding competition and consumer protection. It is now undisputed that the 11 financial institutions that were involved in the mortgage market here and involved in the sale of tracker mortgages either took from or denied their customers tracker mortgages or applied the wrong rates. We know that somewhere in the region of 30,000 customers were affected and that the sum of money involved is up to €1 billion.

Was there no wee suspicion within the Competition and Consumer Protection Commissionthat there might be a bit of uncompetitive practice in this regard, given that every single one of them that is involved in any substantial way with the sale of tracker mortgages has done nearly exactly the same thing?