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

Mr. John O'Beirne:

We will commit to revert further after the meeting. As per the conversation to which the Senator referred and as I outlined earlier, as we look at the more complex cases, the compensation can be a multiple of the redress. This is particularly the situation in the most complex cases where we have had direct cause of loss of ownership. I went through the mechanism earlier and am happy to do so again.

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