Oireachtas Joint and Select Committees

Thursday, 5 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Permanent TSB

10:50 am

Mr. Shane O'Sullivan:

The 1,600 cases that are subject to legal proceedings pertain to accounts that were in our denominator at the end of March. The legal process may have commenced in recent times or a number of years ago. Most of the cases commenced a very long time ago because, as members will be aware, issues arose with the legal system on the back of the Dunne judgment.

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