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): Allied Irish Banks

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

At what stage will we, as members of the finance committee, be able to be informed? Will it be after the so-called loan sale is completed? I find this a wee bit bizarre. As I said, I thought this was straightforward, that there is a loan sale, agents are appointed and advisers are appointed. AIB has had the due diligence done and has taken it down from the long list to the short list. I expected that that was there but that the witnesses would confirm that to us today.

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