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 cannot comment on behalf of the funds. I assume that they factor the existing regulatory and legislative framework and any potential changes into their costing. I could not comment beyond that. I do not have anything to share on the scale of that and whether it is minimal. However, I presume that is how they would do it.
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