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. Shane O'Sullivan:

That is exactly what we are doing. We have excluded loans from Project Glas because, based on the information we can see in respect of those accounts, we think they are perfect for mortgage-to-rent.

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