Oireachtas Joint and Select Committees

Thursday, 30 November 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 7 - Office of the Minister for Finance
Finance Accounts 2022
Report on the Accounts of the Public Services 2022
Chapter 1 – Exchequer Financial Outturn for 2022
Chapter 2 – Reporting Ireland’s EU Transactions
Chapter 24 – Performance of the Ireland Apple Escrow Fund
Chapter 25 – Irish Fiscal Advisory Council

9:30 am

Photo of Imelda MunsterImelda Munster (Louth, Sinn Fein) | Oireachtas source

Okay. I want to touch on the Central Bank of Ireland and the instructions it gave to sell non-performing loans, if you like, to vulture funds. That was confirmed to us last April by Governor Makhlouf. I want to know Mr. Hogan's view on that. Was the Department informed at the time? If it had known, would it have stepped in and placed pressure on the banks not to do that?

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