Oireachtas Joint and Select Committees
Wednesday, 25 January 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Economic Issues: Engagement with Governor of the Central Bank of Ireland
Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source
I am not too concerned about Mr. Makhlouf's idea of vulture funds. Essentially I am talking about the funds - as we were informed in the House several times - they do not come under the regulation of the Central Bank. Is that true or have they come partly under its regulation? Do they self regulate? What is to stop them from running wild and buying up half the country? The Irish Farmers Association will tell the witnesses about the proposal by Coillte. What is to stop them from buying the most profitable and productive-----
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