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
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
I will return to Mr. Hall's opening statement. He said that this situation could lead to 17,000 families being evicted unless an alternative is arranged. In discussing this with the banks, I asked them about iCare, how they are interacting with it, whether it is a solution and are they co-operating. Will Mr. Hall give us an idea of the success -or otherwise - of iCare? Will he also address the point he made in his opening statement that a NAMA-type organisation should be established? Would that work on the same principle as a NAMA-type organisation?
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