Oireachtas Joint and Select Committees
Wednesday, 15 February 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)
1:30 pm
Paul Murphy (Dublin South West, Anti-Austerity Alliance)
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On the privatisation of Allied Irish Banks, is the Minister and the Government at all concerned that in advance of such privatisation AIB may try to offload loans which may end up with vulture funds and the threat that poses to the people who are living in the homes underlying those loans? I refer the Minister to the recent parallel in Limerick whereby the Strand apartments were sold by NAMA to Oaktree, leaving the tenants faced with eviction. Is this an issue the Minister is taking into account in terms of the process of privatisation?