Dáil debates

Wednesday, 19 February 2014

12:20 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

One should allow the process to be engaged in. The special liquidator has a requirement in respect of all the creditors here. For those people who continue to pay their loans back on par, there is no restriction. They are included as part of the portfolio, as the Deputy is aware. While the Minister has already written to the Central Bank, he is concerned about this. Obviously, if the bid is by an outsider, there will be a court observation stipulating that unless the bidder adheres to the codes of conduct in respect of mortgages, the bid will not be allowed.

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