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

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

In his submission Mr. O'Donnell said that a settlement would not be honoured if the person in question appeared before this committee. He gave the example of company A, which had a loan from Ulster Bank. That loan was sold to a fund, a receiver was appointed and it was also made clear that the appearance by the company owner at this committee would result in withdrawal of the offer. Are company A and the individual in question all in the same fund?

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