IBRC Sale of Assets

Dáil Éireann Debate, Tuesday - 16 July 2013

Tuesday, 16 July 2013

Ceisteanna (207)

Pearse Doherty

Ceist:

207. Deputy Pearse Doherty asked the Minister for Finance if Irish Bank Resolution Corporation avails of the use of public auctions auctioneering services provided by a company (details supplied). [34255/13]

Freagraí scríofa

Minister for Finance

The Special Liquidators have advised that in relation to connections where there are receivers appointed over assets, those receivers assess and recommend which method and agent to use for the sale of assets. The Special Liquidators have confirmed that there are instances where receivers, acting as agent for the borrower and-or borrowers, appoint the company mentioned to sell assets.

Question No. 208 answered with Question No. 206.