Oireachtas Joint and Select Committees

Wednesday, 8 March 2023

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

Investment Funds: Discussion

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I think that could only be done by legislation. I mentioned it at the time. It was the right thing to do but the financial gurus came in and they were offering services and offloading the services. I think it was the right thing to do to put a template on each of the loans, put notes on it in regard to its functionality and allow the ability to repay. At the end of the day, over X number of years, the loan would be paid.

We have to move on because the witnesses have been here since 1.30 p.m.

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