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
Stephen Donnelly (Wicklow, Independent)
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It does. However, in the past hour Mr. Wallace told this committee that it is his professional view that if these bidders were asked to sign a binding agreement rather than a gentleman's spoken agreement, it would lower the sales price. Does he believe it is reasonable therefore to infer that they are not serious about the voluntary agreement if they are saying they will pay less if they are forced to comply with the voluntary agreement?