Oireachtas Joint and Select Committees

Wednesday, 26 March 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Draft Heads of Central Bank Bill 2014: Department of Finance

4:15 pm

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

The reason I ask is that it is possible that ICS is getting a different suite of mortgage solutions and I fail to see anyone from Government or the Department, which goes to the heart of what is happening in IBRC, asking what are the implications of this law or policy for mortgage holders.

Clearly, no one in the Department has asked that question in terms of IBRC. The Minister, Deputy Noonan, is on record as saying no Department official has even seen the special liquidator's report which refuses to allow the citizens and borrowers to bid for their own mortgages. Is anyone in the Department asking whether this adversely affects the mortgage holders?

Comments

No comments

Log in or join to post a public comment.