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:

If we put one of these in place today and there was a five-year deferral, there is essentially no vesting and no benefit passes to anybody until five years' time.

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