Oireachtas Joint and Select Committees

Thursday, 18 May 2017

Public Accounts Committee

Bord na gCon: Financial Statements 2015 (Resumed)

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

I will put it another way. If I bought a combine harvester, borrowed €250,000 from, say, a finance company and I defaulted on those loans, if I was selling, with the finance company's consent, and got €250,000, in Mr. Creed's professional opinion, what is the likelihood that it might accept €180,000?

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