Oireachtas Joint and Select Committees
Thursday, 18 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Central Bank of Ireland
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
One of the reasons the tracker issue arose was the level of secrecy in the banks around the tracker issue. The Governor and Ms Rowland have informed us there are 13,036 customers still to be redressed and compensated. In the interest of transparency, I find it difficult to see what the issue is with the Central Bank not disclosing and making people aware of which institutions have yet to redress and compensate. This came out of a vacuum of secrecy from the banks. The banks are in no position to retain secrecy on this issue. I find it difficult to understand the basis of the logic the Central Bank is using for not disclosing which institutions have yet to compensate and how many people they have yet to compensate.
No comments