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. Mark Bourke:
In respect of the first comment, precisely the reverse is the case. There is no arrogance in our contention at all. First, as the Deputy says, this provision is the law of land and, second, the Minister or the Department would have a say in the implementation of any scheme. The tax implications are in place until otherwise determined. There is absolutely no arrogance in this statement whatsoever.
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