Dáil Éireann Debate, Tuesday - 9 July 2013
155. Deputy Michael McGrath asked the Minister for Finance the number of Irish Bank Resolution Corporation staff who have been made redundant or have been notified that they will be made redundant since the liquidation of the company was announced; and if he will make a statement on the matter. [33037/13]
View answerI have been informed by the Special Liquidators that following the appointment of the Special Liquidator, 809 employee contracts were terminated in the Republic of Ireland. 802 employees were re-hired by the Special Liquidators on short term contracts to assist with the liquidation of Irish Bank Resolution Corporation Limited. The 7 employees who were not re-hired held senior positions within the Bank. I have been advised by the Special Liquidators that they have entered into a redundancy consultation period with 23 staff in Belfast and 11 staff in London. I have also been informed that there are 16 staff members in Republic of Ireland whose contracts are not being renewed once they terminate on 7 September 2013.
