Pearse Doherty (Donegal South West, Sinn Fein)
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Mr. Considine will be aware that the loans were sold to Kennedy Wilson, which was funded by Deutsche Bank, and that Deutsche Bank subsequently sold some of that business to Wilbur Ross, who is an investor in the bank. Questions arise as to whether the investment by the consortium was a deliberate asset stripping of Bank of Ireland. Are Mr. Walsh and Mr. Considine concerned that Mr. Ben Hoey, the person responsible in Bank of Ireland for selling what Ernst & Young research stated at the time was the largest European real estate portfolio acquisition completed in 2011, which cost the taxpayer approximately €268 million, is now managing director of the same private equity fund which purchased the portfolio from him?