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

Mr. Jeremy Masding:

I hope that the Senator will understand that we need to retain the maximum flexibility regarding the options and that we secure the best achievable outcome for the State. It is important to emphasise that we are at the start of the process. A number of members of the committee have asked questions about different potential situations. Of course we are absolutely open-minded when it comes to choosing the correct option. As of today I am working within a certain set of parameters.

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