IBRC Liquidation

Dáil Éireann Debate, Tuesday - 16 July 2013

Tuesday, 16 July 2013

Questions (248)

Pearse Doherty

Question:

248. Deputy Pearse Doherty asked the Minister for Finance if he will provide details of the names of the partners and senior management responsible in KPMG for the auditing of Irish Nationwide Building Society and Irish Life and Permanent; if he will confirm if any of these partners, senior managers, or staff members who audited Irish Nationwide Building Society and Irish Life and Permanent are responsible for any of the work currently being undertaken by KPMG in the liquidation of Irish Bank Resolution Corporation; if he will name these partners or senior managers, as well as detailing the total number of staff who have worked on both mandates; and if he will make a statement on the matter. [34647/13]

Written answers

Minister for Finance

I am advised by the Special Liquidators that there are two members of KPMG who are currently involved in the Special Liquidation who had previously worked on the audit of IL and P at a senior management and partner level. I am further advised that, prior to those individuals carrying out any work in the liquidation, the Special Liquidators considered this position and came to the view that there is no conflict of interest in relation to the work currently being undertaken by these individuals in the Special Liquidation of IBRC and their previous roles in relation to the audit of IL and P.