Alex White (Dublin South, Labour) | Oireachtas source

-----thoroughly and expeditiously given their access to all the books and records of IBRC, the resources at their disposal to conduct such a review and the power set out under the Irish Bank Resolution Corporation Act which allows the Minister to make this direction in the public interest.

To address potential conflicts of interest, with the agreement of the special liquidators, the retired High Court Judge, Mr. Justice Iarfhlaith O'Neill, is being appointed to monitor any actual or perceived conflicts of interest. This will ensure that the review process is robust. There will never be a situation where a person involved in a transaction will be involved in reviewing that transaction.

This review and report are to serve the public interest in light of recent speculation and they are not being undertaken as a result of any evidence that such deficiencies existed or that transactions were not commercially sound.

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