Oireachtas Joint and Select Committees

Thursday, 18 January 2018

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

Tracker Mortgages: Central Bank of Ireland

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

I welcome the witnesses and Professor Lane's statement that the bank will pursue individuals in terms of accountability if evidence presents. I also welcome the work done by the bank over recent months. The witnesses will be well aware that I have been very critical of the Central Bank's role in this issue, not only during Professor Lane's tenure but dating back to 2010. I do not intend to rehash all of that now but I do think it is important to acknowledge the robustness of the Central Bank's challenges of the banks in recent times. As pointed out by Deputy Michael McGrath, the language used in the statement is also helpful. The current communications strategy is welcome because it restores faith in the Central Bank for the people affected, many of whom for a long time felt there was nobody on their side.

Am I correct that there is no cohort of individuals now that are in dispute between the Central Bank and the institutions?