Alex White (Dublin South, Labour) | Oireachtas source

----- if we were to follow the kind of policies, if one can even call them that, that Sinn Féin advocates.

In respect of the issue Deputy Tóibín raised, the review that has been announced by the Minister for Finance, as he well knows, will cover transactions that resulted in a capital loss to IBRC of at least €10 million during the period concerned, or that are specifically identified by the special liquidator as likely to give rise to potential public concern in respect of the ultimate returns to the taxpayer. The purpose of this review is to determine whether there is evidence of material deficiencies in IBRC's performance in respect of such transactions and related activities and management decisions and whether it can be concluded that the transactions were not commercially sound. The Minister, Deputy Noonan, has asked that the special liquidators carry out this review and provide a report of their findings before 31 August of this year. Following this, the report will be made available to relevant committees of the Oireachtas. The special liquidators are best placed to undertake such a review-----

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