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Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018): Richard Boyd Barrett: ...management companies, vulture funds or however we might want to describe the likes of the real estate investment trusts. They were invited here, it is fair to say, to buy property-related debt from NAMA and some of the banks we bailed out. They bought vast amounts of property and building land at discount prices and they have now gained a major foothold in the Irish property sector,...
Finance Bill 2018: Report Stage (Resumed) (22 Nov 2018): Richard Boyd Barrett: ...A specific window was deliberately opened up for these people in terms of intangible assets and property. It is in that window that we have this enormous scandal of a large amount of tax and of NAMA and the banks unloading vast amounts of property, building land and loans related to those. I do not buy the argument that it cannot be quantified because behavioural changes might have...

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