Oireachtas Joint and Select Committees
Thursday, 14 December 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Paradise Papers (Resumed): Allied Irish Banks
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
My final question is related to tracker mortgages. AIB is making money. Mr. Byrne mentioned a figure of €20 billion, which is well over double the budget of the Department of Education and Skills per annum. It is an astronomical sum. Where is the bank at in the Central Bank's tracker mortgage examination? Where is AIB at in making redress and paying full compensation to the individuals who were ripped off?
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