Oireachtas Joint and Select Committees
Thursday, 26 January 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business and Banking: Discussion.
10:00 am
Ms Jackie Lavin:
They were only put into GRG so their properties could be taken. It is most unlikely that 2,140 people would be put into GRG and only six would come out. I know because of questioning by Deputy Doherty when Ulster Bank came before the committee that it admitted it could have been up to 100 people. Up to 100 could be one or 99. I believe it is six, and I know one of the people who came through it. The reason he feels he came through it was because his properties were not prime and ready for sale. They were half built, three quarters built or in bits and pieces. They were not prime properties. Those taken first were prime properties ready to go and be sold in a fire sale. It was widespread because it is not possible that out of 2,140 only six would survive. It is not possible.
No comments