Irish Bank Resolution Corporation

Dáil Éireann Debate, Thursday - 21 June 2012

Thursday, 21 June 2012

Ceisteanna (45)

Michael McGrath

Ceist:

40 Deputy Michael McGrath asked the Minister for Finance if the Irish Bank Resolution Corporation has referred any matter to the Office of the Director of Corporate Enforcement or other authorities arising from evidence which has emerged from the bank’s investigations of the financial affairs of the Quinn Group of companies; and if he will make a statement on the matter. [30196/12]

Freagraí scríofa

Minister for Finance (Deputy Michael Noonan)

As the Deputy is aware the Board of the bank is responsible for the day to day operations of the bank including matters relation to the recovery of debts and consequential matters. The bank has informed me that it would not be appropriate for the bank to comment on matters which may be the subject of investigation or litigation.