Pearse Doherty (Donegal, Sinn Fein)
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My next question is for Ms Barry or Mr. Joyce. The Department, and by extension the Minister, relies heavily on the analysis carried out late last year. This was addressed in FLAC's opening statement and in its previous submissions to the committee in respect of the conclusions that there is no difference in restructuring arrangements and so on. FLAC was part of that engagement and process, where the Department engaged with it and gave it an opportunity to outline its view. The Department has told us it has engaged with organisations such as FLAC and the IMHO. It has outlined its conclusions, however, and instructed them to get back into their box and stay quiet because everything is fine. FLAC made the point in its statement that my submission to the Department was clear that it was far too early to make such a suggestion because the sales are only now beginning to increase and will start to be ramped up in respect of procedures and enforcement as time goes on. Would FLAC like to take this opportunity to outline its view of how reliable that work is in suggesting there is no difference between whether one's loan is with a vulture or with a mainstream bank?