Oireachtas Joint and Select Committees
Wednesday, 19 December 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB
3:40 pm
Mr. Ray MacSharry:
It is all to do with arrears. We have been consistent in ensuring that there would be proper contact with those people who are in arrears or about to go into arrears and that has led to the establishment of the asset management unit which employs 300 staff. There were 1,000 specific instances involved in that process.