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

See the whole debate « Previous speaker Next speaker »

9:30 am

Mr. Jeremy Masding:

In simple maths, if it is worth 100% and I put provision on it against 50% and someone bids me 48%, I lose 2%.

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