Oireachtas Joint and Select Committees

Tuesday, 2 April 2019

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

Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

It is very important that this issue not just be kept under review but also that a cost be put on the process on an annual basis. It is something at which we should look as a committee. I probably took it for granted that the Department would do this.

My next question concerns the loans identified as fitting the non-performing criteria. Are the delegates satisfied that all of the loans sold fit the non-performing criteria? Ultimately, the rationale for vulture funds is that we must reduce the level of non-performing loans. Do we know that this process is not reducing the level of performing loans?

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