Dáil debates

Tuesday, 27 March 2018

Other Questions

Mortgage Book Sales

5:25 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

In an effort to be constructive, I wish to add to what I said earlier. Will the Minister ask the officials in his Department's shareholder management unit to examine the transcript of the proceedings of last Thursday's meeting of the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach, and focus, in particular, on the issue I raised earlier about the different classifications by AIB and Permanent TSB of split mortgages as being NPLs and not NPLs? Could the unit and the Department be of assistance to Permanent TSB to resolve this issue? There was a clear conflict of evidence and it must be resolved. The Department of Finance can play a very useful role in this and it would be a help to these mortgage holders.

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