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

Mr. Jeremy Masding:

I would not do that for two reasons. First, it would create a risk that would have a knock-on effect for those who might see that the bank is doing deals, which is not how it works. Second, my duty to all Irish taxpayers is to get the best possible deal that I can, which, like Glenbeigh, is a better outcome than hypothetical individual deals with customers.

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