Oireachtas Joint and Select Committees

Tuesday, 6 February 2018

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

Tracker Mortgages: Permanent TSB

4:00 pm

Mr. Stephen Groarke:

No. Part of the framework that the Central Bank has put in place is called "stop the harm" and it applies to us requiring that anybody we sold loans to should not pursue any further legal action and that the loans would be corrected to the right rate, with redress and compensation provided by us.

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