Sligo/Leitrim TD wants abolition of tax-free period for banks

A Sligo/Leitrim TD is calling for the decision taken in 2014 that allows banks pay no corporation tax for 20 years to be reversed.

Sinn Fein Deputy Martin Kenny is making the call in the aftermath of revelations of the pain and suffering caused to people caught up in the tracker mortgage scandal.

Deputy Kenny says that after ‘perpetrating a terrible wrong’ on people, the banks were now making out that it was a very complicted process to reimburrse and compensate victims.

He claims what happend was theft, pure and simple, with lives ruined and homes lost.

But he compared the way the banks are being treated to how someone accused of shoplifting would be dealt with.