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
4:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
The delegation cannot quantify what the difference in value is, yet they are telling us there is no difference at all from the point of view of the mortgage holders. That is what Mr. Wallace has implied because last night, in the late hours of the night, they had not signed up to some voluntary commitment. That is a big contradiction. It cannot be both things. Either the assurances Mr. Wallace has tried to give are worth nothing or it would have made no difference whatsoever if it had been made a condition of the sale that the purchaser had to sign up to the code.
No comments