Oireachtas Joint and Select Committees
Thursday, 8 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Mr. Padraic Kissane
9:30 am
Mr. Padraic Kissane:
That is my belief. I wrote to the Central Bank and it suggested I should check with legal counsel. The view I have been given is that the tracker issue is not statute-barred but the causes and effects, and any damages, could become statute-barred in a challenge. If that were to be a defence of the banks, it would certainly not indicate that they had changed their culture and attitude.
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