Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Mr. O'Beirne said that contradictory memos were issued to staff. It was only one page and I was given the same document. The memo does not specify that it only relates to staff customers who had been on a tracker. That has not been specified, to my knowledge. Clearly, the memo states at point No. 2 that staff who are currently on staff two-year fixed rate, currently 3.95%, "will roll to ECB plus 0.75%". Mr. O'Beirne said there was another member that clarified and cleared up the matter, and the people concerned were written to.