Dáil debates
Tuesday, 17 January 2017
Ceisteanna - Questions (Resumed) - Priority Questions
Central Bank of Ireland Investigations
6:45 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
My question relates to the Central Bank probe into the fact that thousands of customers were denied the right to return to a tracker interest rate and many others were denied the right to be on the correct tracker rate. The Governor of the Central Bank, when he came before the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and the Taoiseach, acknowledged that the figure could be as high as 15,000 customers. I ask the Minister to provide an update to the House on that matter and to outline his views on the systemic and widespread nature of this enormous problem which affects thousands of customers in Ireland.
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