Brian Stanley (Laois-Offaly, Sinn Fein)
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We will request that.

The next correspondence is No. 718 from Mr. John Hogan, Secretary General at the Department of Finance, dated 7 July 2021, providing an update requested by the committee on the eighth progress update report on the special liquidation of the Irish Bank Resolution Corporation, IBRC. The Secretary General stated that the timeline for completion of the liquidation has been extended from the end of 2022 to the end of 2024 and "COVID-19 has impacted the current realisable values of the remaining assets and the timely conclusion of outstanding litigation".

The total fees incurred from the beginning of the liquidation in February 2019 to December 2020 amount to €294 million, with additional fees to complete the liquidation forecast at between €26 million and €33 million. I propose that we issue a cover note and publish that segment of the correspondence. Is that agreed? Agreed.

Deputy Catherine Murphy has flagged up No. 718B.