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
3:10 pm
Mr. Kieran Wallace:
Yes, but the fundamental principles by which liquidators work and by which they are judged by the creditors, both secured and unsecured, to whom we owe our ultimate obligation, is judged by getting the best value we can for the assets. That is enshrined in the 1963 Companies Act, by which we are also governed.