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
Mr. Jim O'Keeffe:
Yes. At the time it was very much a question of aligning to the nature of our proposition or our solution and how that then worked with the appropriate accounting rules. However, obviously, different banks could have different solutions, so I certainly do not want to point to anyone else not adhering to rules, etc., but based on our proposition we were able to get to the point. However-----
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