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Ulster Bank’s tracker victims deserve answers not excuses – Doherty

18 January, 2018 - by Pearse Doherty TD


Sinn Féin Finance Spokesperson Pearse Doherty TD has said Ulster Bank’s tracker mortgage victims deserve real answers as to why they are being made wait while other banks are further advanced with their redress and compensation schemes.

Deputy Doherty said:

“Both the Minister for Finance and Central Bank Governor have now addressed the Finance Committee and made excuses for Ulster Bank. This scandal has been playing out for years now, yet Ulster Bank are far behind the other banks in giving back what they stole from their own customers.

“This is the same bank that left their own customers without banking services for weeks in 2012. Six years later, we are asked to accept the reason they are so slow at paying back their customers is because of an inadequate IT system.

“The time for excuses is well and truly passed. Thousands of Ulster Bank victims are still waiting for redress and compensation without any proper explanation as to why.  The Central Bank and Minister should be on the side of those victims, instead of making excuses for Ulster Bank.” 

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