Oireachtas Joint and Select Committees

Thursday, 2 March 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Debt Write-down and Debt Resolution Policies: Allied Irish Banks

Photo of Robert TroyRobert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source

I accept Mr. O'Keeffe is saying those customers were the vast majority, but I was focusing on the 1,600 people who negotiated, consulted and engaged with the bank. They were somewhat sold out. Having done the right thing with regard to organising a restructure they could adhere to, with the objective of keeping the roof over their heads, the mortgage book was sold on and those customers have been somewhat sold out.

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