Oireachtas Joint and Select Committees

Tuesday, 30 January 2018

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

Tracker Mortgages: Bank of Ireland

7:10 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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I thank Ms McDonagh for coming in. I had a brief conversation with her outside. I welcome her appointment to her position in the bank. I want to go over some ground with her. I will deal first with the cost to the bank of restoring the money it took from customers. The offers so far in terms of returning their money and the compensation above which amounts to €108 million. Is that correct?