Oireachtas Joint and Select Committees
Wednesday, 1 March 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Investment Funds: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
Permanent TSB is a case in point, because many of those individuals did exactly what we all asked customers to do, which was to engage with their banks and try to find a solution. They engaged with their banks and they were put onto an arrangement. They were never in default of their original contract in the first place, but they engaged early. Then, because of the way it was structured by a State-owned bank, it was sold to a vulture fund.
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