Dáil Éireann Debate, Wednesday - 20 February 2013
109. Deputy Pearse Doherty asked the Minister for Finance if he will provide a schedule of individuals and companies which the special liquidator of Irish bank Resolution Corporation regards as necessary for the ongoing functioning of IBRC during the liquidation period. [9236/13]
View answerAt this early stage of the special liquidation the Special Liquidators are engaged in intensive processes which involve inter alia, asserting control over the businesses, processes, systems and personnel of IBRC. It is important that focus is placed on assessing, reorganising and restructuring the day–to-day activities of the Bank to meet the primary objective of ensuring the purpose of the special liquidation is achieved, as this is key to ensuring that maximum value is extracted from the liquidation. The schedule of individuals and companies regarded as necessary for the on-going functioning of IBRC during the Liquidation period is a matter for the Special Liquidator and as such I have no role in this matter.
