Oireachtas Joint and Select Committees

Thursday, 10 May 2018

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

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

Professor Lane said that the number of customers affected by the tracker issue has risen to 37,100 and that the Central Bank is responsible for that. I would contend that this would not have happened at all were it not for the relentless pressure from this committee on the Central Bank and on the various banks that we hauled in here, month after month. Eventually, the Minister for Finance called Professor Lane into his office and that is why the numbers have increased. There is no other reason.

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