Tracker mortgage legacy issues
Deputy O’Flynn asks whether unresolved tracker mortgage problems remain at AIB or PTSB and whether all affected accounts were audited. The Tánaiste will seek a direct response from the Finance Minister.
In light of the RTÉ documentary series, "Trackers: The People v The Banks", the first part of which aired on 3 November, revealing ongoing devastation from Ireland's largest consumer banking scandal, new Central Bank figures showing 42,000 impacted mortgage accounts and the banking industry and banks facing more than €1 billion in fines and redress, is the Tánaiste aware of any tracker mortgage legacy issues currently affecting customers in AIB or PTSB? Has he and his Government methodically satisfied themselves that the Central Bank has forensically audited all mortgage accounts that may have been affected?
Comment on this
I have not yet had the opportunity to see the programme but I intend to see it. I have heard quite a bit about it over the course of the week. The Deputy can be assured the Government will be looking into the issues raised on the programme. I will ask the Minister for Finance to directly respond to the Deputy. I am not aware of any such issues, nor would I necessarily be. The point about the Central Bank of Ireland and Minister being satisfied is an important one so I will ask the Minister, Deputy Donohoe, to come back to the Deputy directly.