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

Ms Ann Nolan:

We are not an oversight body. The Department does not have oversight. If these come under the CCMA, the Central Bank will fulfil that role. The way the political system works, and it works quite well on this, is that if there is a significant problem in these areas, we tend to hear about it because people write to their Deputies and their Deputies tend to refer the issues to us. I could not swear we have not had any representations on this, but we have not had large numbers of representations on it.

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