Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

-----and all the advocacy in the world will not remove that.

The liquidator was independent in the exercise of his functions. Those who participated in the debate when we brought in the legislation were very anxious that there would be no political interference with the liquidator, and rightly so. The liquidator is carrying out his mandate in accordance with law.

It is also true to say no single mortgage holder is worse off because Lone Star or Oaktree has his mortgage than he was when his mortgage was inside in IBRC. He is no worse off, but Deputy Donnelly is making a case that he should be better off and that the taxpayer should pay for it. That is the case Deputy Donnelly is making.

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