Oireachtas Joint and Select Committees

Thursday, 22 March 2018

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

Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB

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9:30 am

Mr. Jeremy Masding:

I think it is more simple than that. We started as a management team in 2012, under the mandate of the troika, to execute long-term forbearance. From 2012 to 2018 is a period of seven years.

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