Oireachtas Joint and Select Committees

Tuesday, 15 December 2020

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

Banking Issues in Ireland: Central Bank

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

A total of 5,899 people who were affected did not take a case to the Financial Services and Pensions Ombudsman. If that individual had not taken the case, they would not have got up to €30,000 in compensation because the Central Bank had finished its supervisory role when it completed its examination into that part.

Is Mr. Sibley suggesting to me that when the Central Bank concluded its final report, it believed that there were up to 6,000 further victims of the tracker mortgage with AIB?

As Mr. Sibley said, he was pushing AIB regarding this cohort but was not getting a response from it.

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