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

3:30 pm

Mr. Kieran Wallace:

Yes, I do. In many cases liquidators go into a business where they have no prior experience. I am not saying that is an analogy here, but I am saying I think it is wholly and absolutely appropriate that we would make decisions based on advice from experts in a given field. The sale of the loan book that we are discussing is one aspect of the overall liquidation; it is not the entire liquidation itself.