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 Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

I appreciate Pepper is a service agent, but does Mr. Ryan agree that the transfer was done on favourable terms to Glenbeigh, given that the value was €1.3 billion but it was transferred for €890 million? In the original documents, PTSB suggested it would receive a bit more, namely, €910 million. It is a sharp transaction-----

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