Oireachtas Joint and Select Committees
Thursday, 9 May 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector (Resumed): Ulster Bank
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Is there a reason for that? Ulster Bank has not received support from this State. Other banks in which we have a shareholding tell the Housing Agency, given the crisis in housing, that they have 600 houses, for example, in particular locations and ask the agency to express an interest in the housing. Is there a policy decision to go straight to the market where the bank would get a better price? Why has the bank not engaged with the Housing Agency? When the bank sells, does it do so with a requirement for vacant possession?
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