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IBRC Liquidation

Dáil Éireann Debate, Wednesday - 8 June 2016

Wednesday, 8 June 2016

Questions (129)

Pearse Doherty

Question:

129. Deputy Pearse Doherty asked the Minister for Finance the unsecured creditors at the Irish Bank Resolution Corporation who have applied for funds from the liquidation; the value of their applications; the payment in each case; and if he will make a statement on the matter. [14274/16]

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Written answers

I am advised by the Special Liquidators that they are not in a position to divulge this information given the supplier / client confidentiality relationship and commercial sensitivities around same.

A third progress update report on the Special Liquidation of IBRC was recently published and is available on the Department of Finance website at http://www.finance.gov.ie/sites/default/files/Progress%20update%20report_31%20Dec%202015_0.pdf. I would like to draw the Deputy's attention to pages 21-25 of this report which is a section on the creditor adjudication process as part of the Special Liquidation of IBRC.

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