Dáil Éireann Debate, Wednesday - 20 March 2013
226. Deputy Sean Fleming asked the Minister for Finance the parliamentary oversight provisions he has established in relation to the liquidator appointed to Irish Bank Resolution Corporation in liquidation; and if he will make a statement on the matter. [14019/13]
View answerI can advise the Deputy that I have put in place a comprehensive process for the oversight of the liquidation of IBRC. In common with the interest of other creditors I and my officials have been in contact with the Special Liquidators throughout the process to date to understand how the winding up has been proceeding. Weekly briefings have been established between officials of the Department of Finance and the Special Liquidators. This constant engagement and oversight will continue throughout the course of the liquidation and will be supported by a monthly report to me by the Special Liquidators. The first of these reports has been received and is currently being considered. As the report contains information that is commercially sensitive I am not in a position to publish these reports.
