October 26, 2017
Serious questions remain in relation to the financial management of banks in light of the tracker mortgage scandal, Social Democrats co-leader Catherine Murphy TD said today.
Deputy Murphy said:
“It is important to look at the tracker mortgage issue from a financial management point of view. AIB would have launched its IPO in June this year knowing about the tracker issue, and Bank of Ireland has been selling its shares.
“Both of these taxpayer bailed out banks would have known that the issue of compensation for people moved off tracker mortgages would have been coming down the line.
“I have the following questions in relation to the financial management of the banks:
26 October 2017