Fintan O’Toole: Tracker scam must become criminal inquiry

The banks’ rip-off of customers is not a scandal. It is either a miracle or a crime

Sat, Oct 21, 2017, 06:00

Fintan O'Toole

Derville Rowland Director, director general of financial conduct at the Central Bank, and the bank’s governor Philip Lane. The Central Bank has still not made a single report of suspected fraud. Photograph: Gareth Chaney/Collins.

Derville Rowland Director, director general of financial conduct at the Central Bank, and the bank’s governor Philip Lane. The Central Bank has still not made a single report of suspected fraud. Photograph: Gareth Chaney/Collins.

There is no tracker mortgage scandal. There is a tracker mortgage scam. There is, or ought to be, a crucial difference.

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