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
On 20 February, the Minister for Finance stated in response to a question I raised in the Dáil that formal agreements had been put in place for the aforementioned sales. I questioned him about the legality of the agreements and he could not indicate whether they are enforceable under contract law. He indicated the agreements were given to the public in the first instance and secondly to the Central Bank.