Oireachtas Joint and Select Committees

Thursday, 18 October 2018

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

Sale of Loans to Unregulated Private Investment Funds: Discussion

9:30 am

Mr. Martin Stapleton:

Yes. One sale has taken place and according to what we read in the media, another sale is being lined up. In dealing with the debt cases in that bank, it is painstakingly slow. Customers are entering into a process and are left continually wondering whether the process is working and whether the process itself is being used to deflect from the possibility of doing a deal.

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