Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance
1:30 pm
Mr. Des Carville:
The IBRC has nine cases outstanding. It is the plaintiff in seven and the defendant in two. It expects eight of those cases to transfer to NAMA and then it will be up to NAMA to manage those cases.
At the end of 2025, whatever is left of those cases, plus NAMA's cases, will transfer to the resolution unit. It will be up to the resolution unit to manage those cases.