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:

There may be a slight subtlety in that. We have independent advice that if we made it a compulsory term of the sales contract it would impact value. From that perspective it opens up a potential issue for Mr. Richardson and me, as liquidators.