Oireachtas 'would be prepared to give Central Bank more powers' to fix tracker scandal: McGrath

The Central Bank has been told to set a firm deadline for rectifying the tracker mortgage scandal.

Today the bank revealed the number of customers defrauded by 15 Irish banks (they were wrongly moved from tracker mortgages onto more expensive loans) is higher than thought and the redress from the banks to date has been too slow and too little.