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

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9:30 am

Mr. Mark Bourke:

Yes, that is part of it. The performance of the bank is tied to the repayment to the State or, essentially, the value accruing to the State between the cash received and the value of the shareholding that it still maintains.

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