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

I will tell the witness what I want to get to. I want to get to this point. I want to figure out when the Central Bank started to raise an issue with AIB regarding its belief that there were thousands of customers that AIB were not including in the scope of the framework. I want to know when that started, what resistance AIB offered this argument, and how it eventually came to agreeing on it. Then I want to know how AIB came to agree on the 900. It is not for my benefit personally. People out there want to know. Representatives of the Central Bank came before this committee and were a bit more robust than at their last appearance. They told us how they have hauled AIB over the coals. I want to know if that is true. Was the Central Bank engaging with any of the 900 customers? When did the Central Bank start to engage with AIB on that cohort of individuals?

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