AIB's €300m additional tracker mortgage bill reopens scandal

A surprise decision by AIB to set aside an additional €300m to help compensate 5,900 more tracker mortgage customers has reopened the scandal ahead of the general election.

Padraic Kissane, the financial adviser who played a major role in uncovering the overcharging 10 years ago and who now represents consumers on the Irish Banking Culture Board, said the decision means there is still a long way to go for Irish banks to clean up the industry.