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Credit Unions

Dáil Éireann Debate, Thursday - 14 November 2013

Thursday, 14 November 2013

Questions (53)

Michael McGrath

Question:

53. Deputy Michael McGrath asked the Minister for Finance when a full report setting out the details of the cause of the financial difficulties at Newbridge Credit Union will be available; and if he will make a statement on the matter. [48776/13]

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Written answers

The Central Bank has published an extensive range of material on its website in relation to the Newbridge Credit Union transfer process including details on the background to this decision. This information includes a resolution report prepared for the Governor of the Central Bank and an affidavit prepared for the hearing on 10 November in the High Court.

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