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

9:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

It is not going to happen overnight. The taxpayer knows that this takes time. However, I find it difficult to understand why the bank went to the market, even tentatively, without having the issue of the split mortgages fully clarified by the SSM.

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