'Who's protecting consumers?' - Banks' 'paltry' fine over tracker scandal cost lives

The chair of the Oireachtas Finance Committee John McGuinness said it is time for the Central Bank to publicly make full disclosure on their engagement with AIB and what they learned, now that the fine has been issued. File photo: Leah Farrell / RollingNews.ie

The record €96 million fine for AIB and EBS over the tracker mortgage scandal is “paltry” in the context of the lives lost and affected by what the banks did, leading politicians have said.

Government and Opposition TDs have united in their condemnation of the banks’ mistreatment of customers and have angrily demanded to know why no banker has been held to account over the scandal.