Oireachtas Joint and Select Committees

Thursday, 6 December 2018

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

Sale of Permanent TSB Mortgage Loans: Discussion

2:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Mr. Ryan repeatedly talked about the prospectus with committee colleagues, including Deputy Michael McGrath. I have the prospectus and that is what is in it. Our guests will not admit something that is black and white because the public is outraged at what Permanent TSB has done. It is a double outrage that it is now offloading these mortgages to a vehicle from which the CEO of the bank will benefit and which has circumvented our tax codes. It has done it legally but our guests will not even admit that. They are wasting my time and that of the committee by refusing to admit something that is black and white.

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