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:
The reality for us is that for varying reasons regulation and legislation have been introduced to ensure the process adheres to certain standards. There is no doubt that that adherence can bring with it a burden of managing it through. We have been working with that over a period of time because we have no other choice. I cannot talk to the specific instances the Senator has mentioned. I would be happy to engage with somebody if he wishes me to look at the challenges they are facing.
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