Dáil Éireann Debate, Thursday - 19 September 2013
54. Deputy Kevin Humphreys asked the Minister for Finance the amount of working capital the special liquidator of the Irish Bank Resolution Corporation has advanced to date to companies with outstanding loans; and if he will make a statement on the matter. [38900/13]
View answerDecisions around the advance of working capital are a commercial matter for the Special Liquidators of IBRC and neither I nor my officials have any role in those decisions. I am advised by the Special Liquidators that they are unable to provide this information as they believe it to be commercially sensitive. However the Special Liquidators have confirmed that working capital is only advanced where it is necessary to protect, maintain or enhance the value of the loans and the related assets of IBRC.
