Dáil Éireann Debate, Wednesday - 6 March 2013
77. Deputy Patrick Nulty asked the Minister for Finance if he will meet directly with the Irish Bank Officials Association representing Irish Bank Resolution Corporation workers with regard to the plight of these workers. [11832/13]
View answerThe abruptness of the decisions taken on the 6th and 7th February and how it was communicated was regrettable but was unavoidable given the scale, sensitivity and complexity of the economic issues involved. I acknowledge the significant efforts and commitment made by the staff in IBRC over the past few difficult years whilst the bank was in wind down and the difficulties that arise for staff as a result of the liquidation but that it was necessary to take the decision to liquidate IBRC in the larger public interest. I can advise the Deputy that officials within my Department met with the IBOA last month and issues surrounding the status of the employees of the IBRC (in liquidation) were discussed. The special liquidator has advised that there is ongoing interaction between the IBOA and the Special Liquidators. The Special Liquidators are highly cognisant of the issues that the IBOA have been highlighting and that significant steps have already been taken to address those concerns including the confirmation that no further staff would be terminated in the first 3 months of the liquidation.
