Oireachtas Joint and Select Committees
Wednesday, 31 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Operations and Functioning of AIB: Discussion
3:25 pm
Peter Mathews (Dublin South, Fine Gael) | Oireachtas source
I will make one final point on restructuring and loan rehabilitation on the books of AIB, the IBRC and NAMA. AIB is doing a lot of work for NAMA and I am wondering if there are conflicts or competition issues. Are staff leaving AIB to join the staff of potential buyers and investors of AIB's or NAMA's portfolio of loans? AIB staff know what the provisions on the different loan cases are, which is important competitive information that could be useful to some of the investment funds coming into Ireland. All of these issues are important.
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