Oireachtas Joint and Select Committees
Wednesday, 1 December 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Withdrawal from Irish Banking Market: Engagement with KBC
Pearse Doherty (Donegal, Sinn Fein)
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Go raibh maith agat. Cuirim fáilte roimh na finnéithe chuig an gcoiste. Mr. Blažek talked about KBC's role in the tracker mortgage scandal. We heard the KBC Group's CEO basically calling on the Central Bank to "turn the page" on the whole tracker mortgage stuff. Those comments were quite insulting given the fact that KBC was forced to pay €153 million that it wrongfully took from customers, including compensation in relation to the scandal. Some 66 properties were taken wrongly, 11 of those being family homes repossessed wrongly and, I would argue, illegally. Can Mr. Blažek comment on the financial loss that individuals have suffered? Has all the remediation been done? Is KBC making any further provision on tracker mortgage cases? Has the Garda been in contact with KBC on the tracker mortgage scandal?