Dáil Éireann Debate, Thursday - 12 June 2014
61. Deputy Michael McGrath asked the Minister for Finance the total value of deposits at Irish Bank Resolution Corporation that were not covered by the deposit guarantee scheme or the eligible liabilities guarantee; the current status of these deposits; if he expects these to be re-paid in full; and if he will make a statement on the matter. [25056/14]
View answerI have been advised by the Special Liquidators that the total value of deposits not covered by the DGS or ELG schemes is €20,765,407. These deposits are unsecured creditors of the company and the Special Liquidators have confirmed that their details are being retained on file. The extent of any potential distribution to them will depend on whether there will be distributable assets to meet the claim of unsecured creditors in whole or in part.
