Concern has been expressed in Clare that the tracker mortgage scandal will result a ‘tsunami of more homelessness’.
It follows revelations that an extra 6,000 Bank of Ireland customers have been identified and added to the compensation scheme.
It brings the total number of customers affected at the bank to 10,000, and Bank of Ireland chiefs say the compensation process, which is already underway, will be as quick as possible.
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Ennis Fianna Fáil Councillor Clare Colleran Molloy, who is also a barrister, has been telling Clare Fm’s James Mulhall that she believes there’s an “unholy alliance between the banks and politicians”:
