Paul Murphy (Dublin South West, Anti-Austerity Alliance) | Oireachtas source

That answer basically confirms that we still plan to privatise and will do it at the right time. Obviously, I am against the privatisation and sell-off of these enormously important assets given the potential lever, if under public democratic control, they give in terms of the economy and people's living standards.

When does Minister believe it will be the right time? Will it be soon or is it now being delayed? The Sunday Independentreported that the State valued its holding in AIB at €13.3 billion at the end of 2014, which has been reduced to €9 billion in June of this year. Is that accurate? Are the reports by Focus Ireland that AIB is planning to sell of €1.9 billion worth of buy-to-let properties that are in arrears to vulture funds in order to prepare for privatisation accurate? That would have the potential for thousands of tenants to be turfed out.

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