Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Mr. Masding took the easy option to sell off performing loans which were deemed non-performing, instead of doing the hard work, which we as Irish taxpayers who funded his bank expect him to do, namely to find a way to make them perform. That is what the ECB has now engaged with Permanent TSB to do. At the last meeting, I put this to Mr. Masding. However, he took the easy road. I do not expect him to acknowledge it, because that is his form.

Mr. Masding replied to Deputy McGrath about the structure of these 4,600 loans, or proposals that are under consideration in respect of the securitisation of these loans. When does he expect that the bank will make a decision on the future of these performing split mortgages?