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Mortgage Holders Organisation says it's a scandal no senior bankers have been held accountable for tracker mortgage controversy

Jun 24, 2022 07:40 By News Northern Sound
Mortgage Holders Organisation says it's a scandal no senior bankers have been held accountable for tracker mortgage controversy
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42,000 tracker mortgage customers have been affected by the scandal.

The head of the Irish Mortgage Holders Organisation says it's a scandal no senior bankers have been held accountable for the tracker mortgage controversy.

Yesterday, the Central Bank announced a record €96.7 million fine to AIB and its subsidiary EBS for their role in the tracker mortgage controversy.

Almost 13,000 customers, across the two banks, were affected by the issues between August 2004 and March of this year.

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Overall, a total of 42,000 tracker mortgage customers have been affected by the scandal.

CEO of the Irish Mortgage Holders Organisation, David Hall, says it's a scandal that no senior bankers have been held to account:

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