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 Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

What will happen if the courts decide in some of the legal cases that AIB's interpretation was wrong, for example around the prevailing rate issue? I know this is a hypothetical question. Will AIB voluntarily open up accounts to compensate those 4,000 customers, or will it force them to go through the court system?

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