Thursday 20 September 2018

Comment: Varadkar caught on the hop over debt sale as Fianna Fáil weighs up options

An Taoiseach Leo Varadkar. Photo: Kyran O'Brien
An Taoiseach Leo Varadkar. Photo: Kyran O'Brien
John Downing

John Downing

Those 'vultures' appear to be coming for Taoiseach Leo Varadkar after all, as Permanent TSB has signalled it is definitely headed towards selling a major loan book to the dreaded vulture funds.

In the Dáil for a brief period yesterday, Mr Varadkar was rather like a rugby player jolted to find himself offside, and rushing back to position in hopes the referee (in this case the Irish electorate) might decide he had not affected play.

Three times the Taoiseach insisted there was no imminent PTSB mortgage debt sale to the vultures, and even if there was, there could be strong protections for any hapless debtors.

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