Oireachtas Joint and Select Committees

Tuesday, 30 January 2018

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

Tracker Mortgages: Bank of Ireland

7:10 pm

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I am not going to get anywhere, but legal advice is fairly clear cut. Something is either legal or it is illegal. At the end of the day, the bank is going to be able to write this off against tax over the 20-year period in that it will not have profits there, so the citizen is going to end up paying for it. It is totally unacceptable.

I hope none of the legal people who were involved then would be involved in the independent review panel. How could people know that?

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