Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

I accept what the Deputy says. We are working on solutions and monitoring the situation every step of the way. There is a process of sale going on which will be completed in the middle of March. We must wait to see who purchases the loan books, following which, if necessary, we can act. We are not standing idly by. We are working in parallel but for legal reasons I am not going to intervene. If I have to intervene I will do so after and not before the sale.

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