Oireachtas Joint and Select Committees

Thursday, 17 May 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Resolution of Non-Performing Loans: Discussion (Resumed)

10:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

Does Mr. Burgess think the banks are right to sell off a person's loan to a vulture fund for less than they would get if they allowed that person to stay in his or her own home? We have to remember that the vulture funds ultimately do not have to pay any tax on their profits, or pay a minimal amount of tax on them.

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