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:

I said to Senator O'Donnell that I was using a scenario in that regard which is possible if we got the type of scale I spoke of, but that is the challenge for us. I must be honest with the committee: it would be disingenuous of me to say anything else. Based on where we see engagement at the moment, I do not see that scale of engagement coming to allow us to work that through.

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