Dáil debates
Wednesday, 19 June 2019
Ceisteanna - Questions - Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
IBRC Liquidation
11:25 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
Where I differ from the Deputy is in my belief that the progress reports issued by the liquidator have tried to get the balance right in terms of providing transparency and information to the House and also in terms of completing a liquidation that was and is immensely important to the financial progress of our State.
As the Deputy knows, the various progress reports published have, at different times, provided an update on the liquidation and provided information on the sale of loans, the cashflow associated with the sales of loans, the fees incurred as part of the liquidation, and the kind of work that still remains to be done. As the liquidation stands, there are approximately 93 legal cases outstanding. The reports published have provided an update to the House on work under way. Through the Committee of Public Accounts, for example, officials in my Department have been subjected to scrutiny over the status of the liquidation.
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