Oireachtas Joint and Select Committees

Thursday, 1 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Ulster Bank

9:30 am

Photo of Gerry HorkanGerry Horkan (Fianna Fail)
Link to this: Individually | In context | Oireachtas source

I accept that but I presume if it is a forensic or a fairly detailed review of each case, there is a manager or advisor dealing with all these individual holders or borrowers who will have a fair idea whether it was one or the other. I accept that there is a grey area between one and the other, but one could set up categories that would make it easier for us to understand what happened to these 2,000 or more businesses. As Deputy Doherty pointed out, it is a 5% success rate by the look of things. I am assuming that the other 2,000 did not survive. I suppose they were sold to vulture funds or something and did not survive.