Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

2:40 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Will Mr. Wallace give me a reason? It is only 8% of the loan book; 99% of the loans are variable rate, and it is a vulnerable group. Yet the liquidators are telling me they have no legal protection.

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