Dáil Éireann Debate, Wednesday - 15 May 2013
113. Deputy Pearse Doherty asked the Minister for Finance his views on whether the Irish Bank Resolution Corporation breached the terms of its Commitments Letter to the European Commission by issuing a further €5 million loan to a person (details supplied) in 2012 to pay legal costs, when their debt with IBRC amounted to approximately €900 million in personal and corporate accounts at the time. [23153/13]
View answerI am advised by the Special Liquidators that they are not in a position to comment on individual cases. The information requested is confidential and it would not be appropriate for the Special Liquidators to release such information.
The terms of the European Commission Commitments letter are contained in the Commission Decision of 29.06.2011 and published at –
(http://ec.europa.eu/competition/state_aid/cases/235764/235764_1251125_112_6.pdf ). I am not aware of any breaches by IBRC of the Commitments contained in that decision.
