Dáil debates
Wednesday, 18 October 2017
Leaders' Questions
12:05 pm
Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source
The Government believes the behaviour of the banks in regard to removing people from tracker mortgages was scandalous. We also believe the banks have been dragging their feet in solving this problem at a real human cost. Some people have lost their homes. Others have lost investment properties. Aside from the financial cost, there is, of course, the impact on people's mental health and well-being. It is our view that people affected should have had their tracker mortgages restored and should have been fully compensated by now. As a Government, we have lost patience. Consequently, the Minister for Finance has arranged to meet the CEOs of the main banks, Bank of Ireland, AIB, Ulster Bank, PTSB and KBC, on Monday and Wednesday next week, and he will admonish them for their conduct on behalf of the Government.
No comments