Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

4:10 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour) | Oireachtas source

In respect of those loans, I think there was a play on words or a misunderstanding of the phraseology when we discussed write-offs, write-downs and debt forgiveness. Most people want to know the absolute definition and how the witnesses define the difference between write-off and debt forgiveness.

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