Oireachtas Joint and Select Committees

Tuesday, 9 April 2019

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

Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Is it being suggested that the additional €30 million is being provided to cover the fine the Central Bank is going to issue? Is it expected the fine for Permanent TSB will be that low given the torture many customers were put through?

I refer to the fact that the bank took from the accounts of customers more than €100 million or had to pay back €130 million in administration costs and the money that should never have been taken from them in the first place. Do the witnesses expect that the fine by the Central Bank will be as low as €30 million?

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