Peter Mathews (Dublin South, Independent) | Oireachtas source

Under secondary or subsidiary legislation, will the Government ensure the Central Bank of Ireland, the liquidator of IBRC and NAMA, all of whom are involved, undertake an immediate and thorough investigation of the situation highlighted in the Delaware court case in the USA of widespread illegal overcharging of interest on borrowers' loans by Anglo Irish Bank-IBRC to a sum in the order of €1.2 billion over 14 years? Although the practice of illegal calculation of the interest rate applied has ceased, as the liquidator explained, rolled up capitalised interest on loans, which may go back over eight to ten years, is contaminated by the charges applied to the loans in earlier years and, therefore, the loan has-----

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