Gerry Adams (Louth, Sinn Fein) | Oireachtas source

Will the Taoiseach advise if the tracker mortgage scandal has been discussed by Cabinet committee A? He said earlier that the Government has lost patience with the banks that have prevented people who were paying tracker mortgages from continuing with those mortgages and have forced such people to pay higher charges. The Central Bank has said that just one in four of those who have faced these higher charges - this figure covers only the customers we know about - has received compensation. We know that as a result of the decisions of the banks, at least 23 families have lost their homes and 79 other people have lost properties. It is acknowledged that this scandal may have had an impact on more than 20,000 house owners. The Taoiseach has described this behaviour as scandalous and spoken about the need for a clear timeline for redress and compensation. At the same time, the Central Bank has said it can do little for those who were affected by the unscrupulous actions of the banks before 2013. In accordance with the Taoiseach's comments about losing patience on foot of this scandalous behaviour and about the need for a clear timeline for redress and compensation, does the Government intend to give the Central Bank additional powers to force the banks that are responsible for this scandal to face up to their responsibilities and deal properly with the home owners involved?

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