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
If it was not repaid it would be a loss to the ECB rather than to the State. I have a final point on asset stripping. We heard evidence relating to GRG in particular. This GRG organisation was allegedly set up to help its customers and to bring them through the processes, but it became very difficult and businesses were lost. The group took over businesses, made them difficult to run, and then repossessed and sold them. Does Mr. Butler have much evidence of that happening?
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