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

5:10 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

Two loan books have been sold so far, relating to the GE money and the Bank of Scotland-Ireland loan books, to Pepper and an affiliate of Apollo. These have both said they will adhere voluntarily to the CCMA and I hope they are doing so. Is there any oversight of that and has any data come into the Department on their adherence to the CCMA?

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