Saturday 26 May 2018

John Drennan: Whistleblower in line to head mortgage unit


The former AIB banker, and top-level whistleblower Eugene McErlean, is poised to play a key role in helping distressed mortgage holders re-negotiate their loans with Ireland's disgraced banks.

One of the key features of the Government's strategy in dealing with this crisis is to appoint 100 financial advisers to the Money Advice and Budgetary Service (Mabs) -- whose salaries are to be paid by the banks.

It is believed that Mr McErlean, who has been appointed to the board of the Citizens Information Bureau (CIB) by Social Protection Minister Joan Burton, may be considered to head up this new unit.

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