I have been informed by the Special Liquidators that following the appointment of the Special Liquidator, 809 employee contracts were terminated in the Republic of Ireland. 802 employees were re-hired by the Special Liquidators on short term contracts to assist with the liquidation of Irish Bank Resolution Corporation Limited. The 7 employees who were not re-hired held senior positions within the Bank. I have been advised by the Special Liquidators that they have entered into a redundancy consultation period with 23 staff in Belfast and 11 staff in London. I have also been informed that there are 16 staff members in Republic of Ireland whose contracts are not being renewed once they terminate on 7 September 2013.