Denis Naughten (Roscommon-South Leitrim, Independent) | Oireachtas source

I thank the Minister for his reply and I acknowledge the work to secure the jobs of the 250 people working on the Irish loan book and its sale to Apollo Global Management. What is happening regarding the possible sale of the UK loan book? While I acknowledge what the Minister said, some 400 staff are employed on the UK loan book in Carrick-on-Shannon at the moment. Does the Minister agree that the sense of urgency this time last year to dispose of the Irish and UK loan books by Bank of America seems to have dissipated since Apollo Global Management decided to purchase the Irish loan book? There is local nervousness given the announcement in August that 15 staff working on the UK loan book were to be let go. On foot of the discussions that have taken place with Bank of America and Apollo Global Management, can the Minister assure the House that those 400 people will have a job next year and into the following year?

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