Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

4:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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I am asking if individual cases would be elevated up the line at any point to the private equity firm for final sign-off or decision or do all matters relating to the administration of the loan have to be dealt with by the service provider, including decisions on new restructurings of the loan?