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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