Oireachtas Joint and Select Committees

Wednesday, 26 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Sale of IBRC Mortgage Loan Book: Discussion

2:20 pm

Mr. Kieran Wallace:

That was an entirely independent decision made by myself and Mr. Richardson after a competitive tender where we went out to a number of firms in the loan portfolio sales space. We held a competitive tender, including interviews with each of the potential candidates. Based on experience and cost, we went with PwC.