Oireachtas Joint and Select Committees
Thursday, 18 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
No Consent, No Sale Bill 2019: Discussion (Resumed)
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I welcome both guests to the committee. Go raibh maith acu for their presentations, extensive submissions and case studies. Although I am the sponsor of the Bill, if one were to listen to much of official Ireland - the Central Bank, the Department of Finance and some others - one would have to believe there is no problem with these loans being sold to vulture funds and that everything is fine and will work out grand. One would believe it makes no difference whatever and that the Minister himself would have no problem with a vulture holding his loan. If one had a ministerial pension, perhaps one would not be as concerned about these matters as many others would. In Mr. Hall's view, as someone whose organisation has assisted 10,000 individuals through debt restructuring, how does that view stack up against the reality of what is happening on the ground in respect of how vultures are treating homeowners?
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