Oireachtas Joint and Select Committees
Tuesday, 16 April 2024
Joint Oireachtas Committee on Justice, Defence and Equality
Pre-legislative Scrutiny of the Proceeds of Crime (Amendment) Bill 2024: Discussion
Mr. Kevin McMeel:
It has not happened yet. Were I appointed as a receiver for a going concern, we would sell it as a going concern. If the business was genuinely making money, it would be in incumbent on me as receiver to sell the property, if the property is the business itself, to sell it for as much money as can be recovered in the open market.