Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

That is fair enough. I have one last question. There are many people who not only want adequate compensation and to get the money that was wrongly taken from them back but they want accountability. They want somebody to pay the price. They want somebody to be held responsible. They do not want this swept under the carpet.

That takes me to the final question on the issue of compensation and of being put back on the appropriate tracker rate. We had a motion passed in the Dáil. I tabled an amendment to Deputy McGrath's motion in the Dáil, which proposed to "ensure all customers are put back onto the rate applicable as per their contract". I am sure the Minister knows, because the committee knows, there are countless people out there who have been offered redress and compensation but are being put back on a rate they completely and utterly dispute. There is an issue with the prevailing rate at the time. In some cases, rates are 2% and 3% above what they believe should have been the tracker rate at the time.

Mr. Kissane, who comes in before the committee, has been a leading light in this and has argued this point very passionately. Is this Minister dealing with the issue? Is he willing to take on the issue of the prevailing rate on behalf of customers and also the pathetically inadequate level of compensation being offered to victims when one considers the suffering they and their families went through? It is 10%, 15% and even 20%, and €2,000 or €3,000 is being offered in compensation for money that was taken from people at a time of deep austerity. I will not rehearse what these families went through because we all know these individual stories. The type of compensation being offered by these financial institutions to their victims is pathetic. Will the Minister be the person to take on the five institutions, particularly AIB and Permanent TSB, on the issue of the prevailing rate? Will he also make sure there is adequate compensation or will we just draw a line under this by saying everybody is getting their money back, there is a bit of compensation and hope the issue will disappear in 2018?