Oireachtas Joint and Select Committees

Thursday, 19 January 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Statement of Strategy 2017: Department of Finance

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

Now that a number of tranches of funding have been transferred from a number of institutions to these vulture funds, the potential exists for such funds to have many more opportunities to play hardball with those who exceed the threshold of €3 million in turnover. Perhaps that figure needs to be revisited by the Department of Finance, which is the lead Department in this regard.

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