Oireachtas Joint and Select Committees
Tuesday, 28 May 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector (Resumed): Pensions and Investment Research Consultants Ltd
Gerry Horkan (Fianna Fail) | Oireachtas source
Take the example of a chief executive of a bank who has taken the hit from €1 billion to €700 million on a loan, who thinks it is recoverable at the latter value and is selling it for €400 million because the ECB has told him or her to do so.
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