Oireachtas Joint and Select Committees

Tuesday, 23 January 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Tracker Mortgages: Allied Irish Banks

4:00 pm

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

That was a point I made last week. I am sure someone in the AIB team watched our interaction with representatives from the Central Bank. Someone who fails to make a payment to the Revenue is likely to incur penalties that are multiples of the amount owed. However, here the compensation was 15%, 20% or 25%. For the person who got the highest compensation of €300,000, what was the redress amount?

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