Dáil Éireann Debate, Tuesday - 26 November 2013
156. Deputy Catherine Murphy asked the Minister for Finance if the independent valuation has been completed in respect of the Irish Bank Resolution Corporation loan books; if not, when same will be completed; if so, the way each loan book differs from the prior valuation; the estimated cost of the discount by loan book; and if he will make a statement on the matter. [50210/13]
View answerThe Special Liquidators are obliged to ensure that the valuation of all IBRC assets is completed by 30 November 2013 and that the sale of all IBRC assets is agreed or completed by no later than 31 December 2013 or as soon as practicable thereafter. The valuation of IBRC assets will not be published as it is commercially sensitive financial information which could potentially have a detrimental impact on asset recovery from the impending sale process.
