Central Bank starts inquiry into PTSB executive over tracker mortgage scandal
Move marks first inquiry into an individual after PTSB was fined €21m in 2019
The Central Bank has moved to establish an inquiry into a former executive at Permanent TSB over suspected breaches relating to the tracker mortgage scandal.
The executive, who has not been named, will be the first person pursued by the regulator during its investigation into the scandal, which in 2019 resulted in a €21 million fine for the bank.
If the inquiry finds them to have committed a breach, the executive could be fined up ...