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 would like to develop that point as I had intended raising it. In terms of every loan or customer relationship that was passed on or sold to a vulture fund, is Mr. Blair telling us that if 100 survived and 1,800 went to vulture funds, approximately 200 or 250 must not have gone to vulture funds?

Were there any situations where a stand-alone performing entity was moved to a vulture fund?