IBRC Operations

Dáil Éireann Debate, Wednesday - 10 June 2015

Wednesday, 10 June 2015

Questions (70)

Michael McGrath

Question:

70. Deputy Michael McGrath asked the Minister for Finance if he will provide, in tabular form, for each individual board meeting of the Irish Bank Resolution Corporation, from the nationalisation of the Bank on 21 January 2009 to the appointment of the special liquidator on 7 February 2013, the date of each such meeting; the date on which the board minutes were received in his Department in respect of each such meeting; the other documents that were received by his Department on a regular basis from the bank prior to the new relationship framework being put in place on 29 March 2012; and if he will make a statement on the matter. [22648/15]

Written answers

Minister for Finance

I wish to advise the Deputy that my officials are working through the various board packs which were received from IBRC and collating the relevant information. Given the large amount of documents to work through to collate the relevant information and since some of the board packs referred to in the question are physically held by the NTMA (when the NTMA's banking unit was responsible for receiving the board packs prior to being seconded to the Department of Finance), it was not possible to have a comprehensive reply ready within the time frame. I will forward the reply to the Deputy at the earliest opportunity.