Wednesday, 23 January 2019

Ceisteanna (68, 69)

Marc MacSharry

Ceist:

68. Deputy Marc MacSharry asked the Minister for Finance the name of the creditors that received payments from the joint special liquidators of IBRC since the liquidation commenced on 7 February 2013; the amounts claimed by each creditor; the amounts paid to each creditor; and if he will make a statement on the matter. [3233/19]

Amharc ar fhreagra

Marc MacSharry

Ceist:

69. Deputy Marc MacSharry asked the Minister for Finance the name of the creditors that claimed payments from the joint special liquidators of IBRC since the liquidation commenced on 7 February 2013 and whose claims have been validated but not paid in full or not at all; the amounts outstanding in each case; and if he will make a statement on the matter. [3234/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I propose to take Questions Nos. 68 and 69 together.

I am advised by the Special Liquidators of IBRC that for reasons of commercial sensitivity and confidentiality, they do not believe it would be appropriate to provide the requested details regarding individual creditors and their claims on the liquidation of IBRC.

As at the end of December 2017 more than 2,400 claims had been adjudicated on with a remaining c.700 claims undergoing review. Pages 14 and 15 of the most recent progress update report (https://www.finance.gov.ie/updates/ibrc-progress-update-report-year-ended-31-december-2017/) provides a detailed overview of the creditor adjudication process.