TD hits out at government for failing Irish people on banking and insurance
The governor of the Central Bank Phillip Lane is to face Oireachtas questions today, on how it’s handled the Tracker Mortgage scandal. Mortgage lenders are accused of defrauding around 30-thousand customers who were taken off trackers. CEO’s of the main banks have been called in to face questions by the…
Doherty hits out at individual bankers over tracker mortgage scandal
A Donegal TD says individual bankers need to be held responsible for the tracker mortgage scandal. In December the governor of the Irish Central Bank told the finance committee of Dáil Éireann that as many as 15,000 Irish borrowers may have been overcharged by their banks. Reportedly this occurred when…
Doherty calls for tracker mortgage customers to be compensated
t’s emerged that up to 15,000 mortgage customers may have been unfairly removed from their tracker mortgages. But the Central Bank is not sure whether it can take action against every lender – because its powers might not be retrospective. Earlier the Oireachtas finance committee was suspended after furious TDs…