John McGuinness: Banks must come clean on tracker mortgage scandal

The numbers involved in the tracker mortgage scandal will rise further and the banks must “now come clean” as to its full extent, says John McGuinness, chairman of the Oireachtas Finance Committee.

He said the committee will hold further meetings with the Central Bank and the Ombudsman to seek to find out the extent of the crisis.

He was speaking after the Central Bank delivered its report to Finance Minister Paschal Donohoe that shows more than 33,000 affected cases have been identified.