Oireachtas Joint and Select Committees
Tuesday, 23 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Allied Irish Banks
4:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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The prevailing rate issue is the most significant outstanding issue that AIB faces as part of this tracker scandal. AIB has identified approximately 4,000 customers. Up until recent months, they were not included in the scope of AIB's tracker examination. How did AIB arrive at the compensation flat fee of €1,000?