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IBRC Liquidation

Dáil Éireann Debate, Wednesday - 8 June 2016

Wednesday, 8 June 2016

Questions (140)

Paul Murphy

Question:

140. Deputy Paul Murphy asked the Minister for Finance the steps he will take to ensure persons receive their agreed entitlements in respect of the non-payment of agreed redundancy pay to former IBRC staff; and if he will make a statement on the matter. [14529/16]

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Written answers

I am advised by the Special Liquidators of IBRC that all of the preferential creditor payments to former employees of IBRC have been processed for payment.

I am advised that the unsecured creditor claims of former employees of IBRC are in the process of being adjudicated on by the Special Liquidators. Only valid and agreed unsecured creditor claims of former employees will rank for payment as an unsecured creditor of the liquidation.

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