Oireachtas Joint and Select Committees
Tuesday, 10 November 2015
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Credit Review Office Report: Discussion
1:30 pm
Mr. John Trethowan:
It should come into play where there is a deficit of security elsewhere and there are collateral assets behind the guarantee. That is valid but just taking a guarantee for the sake of a guarantee is not worth much and can frighten the promoter. We will come back to that figure when we get it.
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