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IBRC Liquidation

Dáil Éireann Debate, Tuesday - 17 June 2014

Tuesday, 17 June 2014

Questions (207)

Stephen Donnelly

Question:

207. Deputy Stephen S. Donnelly asked the Minister for Finance the cost of the progress report recently produced by the special liquidators of the Irish Bank Resolution Corporation. [26070/14]

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Written answers

As per the Ministerial Instructions dated 7 February 2013, the Special Liquidators have a duty to provide the Minister with information "or reports with respect to the winding-up of IBRC and the sale of IBRC s assets as the Minister may from time to time require". I have been advised by the Special Liquidators that the costs of producing such reports are a cost of the liquidation. The Special Liquidators will be complying with their obligations and as such the liquidation accounts, which will detail the receipts and payments of the liquidation, will be filed in the CRO after the first two years of the liquidation.

Question No. 208 answered with Question No. 184.
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