Donegal TD calls for bankers to be held accountable for their part in tracker mortgage scandal

A Donegal TD has called for the Bank of Ireland to take responsibility for ruining the lives of their customers during the tracker mortgage scandal.


Speaking in the Dáil, Pearse Doherty said that no bankers had been held responsible, and that fines imposed were likely to be passed down to their customers.


It comes following Bank of Ireland incurring a 100 million euro fine from the Central Bank, for the tracker mortgage scandal.


It’s the seventh investigation carried out by the regulator into lenders in Ireland, and the largest fine handed down.


Of the 16 thousand Bank of Ireland tracker mortgage customers, 50 of them lost property.


Deputy Doherty also asked for legislation to be published calling for the bankers to individually be held accountable, 5 years after he first passed the motion in the Dáil