A Donegal TD says there’s still no real accountability for the tracker mortgage scandal.
That’s despite the Central Bank having fined Permanent TSB €21m.
The Central Bank said the lender’s failure to put its customers first resulted in “distressing and in some instances devastating consequences” for some of its tracker mortgage customers.
It said it found “serious failings” by Permanent TSB which affected over 2,000 of its tracker mortgage customers between August 2004 and October 2018.
Sinn Fein spokesperson on finance Pearse Doherty says there’s still no individual accountability and he believes more tracker mortgage court cases are inevitable.
He’s also questioning why the Central Bank applied the maximun 30% discount for Permanent TSB under an early settlement scheme.
