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Deposit Guarantee Scheme

Dáil Éireann Debate, Tuesday - 12 July 2016

Tuesday, 12 July 2016

Questions (213)

Clare Daly

Question:

213. Deputy Clare Daly asked the Minister for Finance further to Parliamentary Question No. 115 of 23 June 2016, the timeframe for the appointment of an assessor to determine the aggregate value of the transferred shares from Anglo Irish Bank; and the consequent amount of compensation that may be payable to persons in respect of Anglo Irish Bank shares, particularly those who purchased shares in late 2008. [21267/16]

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Written answers

As I outlined in my response to Parliamentary Question number 115 of 23 June 2016, since the liquidation of IBRC in February 2013, there has been no timeframe set for the appointment of an assessor to independently determine the fair and reasonable aggregate value, if any, of the transferred shares and extinguished rights and the consequent amount of compensation, if any, that may be payable to persons in respect of Anglo Irish Bank shares transferred and rights extinguished under the Act.

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