Dáil Éireann Debate, Thursday - 18 June 2015
72. Deputy Gerry Adams asked the Minister for Finance if he has reason to believe that the Irish Bank Resolution Corporation, before liquidation or since, has been involved in overcharging customers, in any form; and if he will make a statement on the matter. [24301/15]
Amharc ar fhreagra73. Deputy Gerry Adams asked the Minister for Finance the policies in place at the Irish Bank Resolution Corporation, in liquidation, to rectify historic overcharging by Anglo Irish Bank and the Corporation. [24302/15]
Amharc ar fhreagraI propose to take Questions Nos. 72 and 73 together.
As the Deputy will be aware the terms of reference of the proposed Commission of Investigation in relation to IBRC include the following explicit term of reference (1b) dealing with issues of public concern:
The Commission shall investigate all transactions, activities and management decisions, other than those relating solely to the acquisition of assets by NAMA which occurred during the relevant period and which "are specifically identified by the Commission as giving rise or likely to give rise to potential public concern, in respect of the ultimate returns to the taxpayer"
Both Houses of the Oireachtas have approved the terms of reference. It is important that I do not interfere with or prejudice the important work to be conducted by the Commission of Investigation. In those circumstances I have received legal advice that it would be inappropriate for me to comment publicly in respect of information received from IBRC in relation to certain matters which may fall under the scope of the Commission of Investigation.
