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Written Answers — Department of Finance: IBRC Liquidation (14 Apr 2016)

Michael McGrath: 81. To ask the Minister for Finance his views on correspondence (details supplied) regarding the special liquidation of the Irish Bank Resolution Corporation. [6343/16]

Dáil Reform: Statements (6 Apr 2016)

Clare Daly: ...of independent scrutiny and investigation were raised in a number of areas in the previous Dáil. We saw it in terms of Garda accountability, NAMA, the foster care scandal in the HSE, which was set up by the last Government, IBRC and so on, much of which was stalled and held in the hands of the Government. This Sub-committee on Dáil Reform should look at a provision, which...

Written Answers — Department of Finance: IBRC Bonds (6 Apr 2016)

Pearse Doherty: 171. To ask the Minister for Finance the value of floating bonds related to the liquidation of Irish Bank Resolution Corporation currently held by the Central Bank of Ireland; the bank's plans for these bonds; and if he will make a statement on the matter. [6163/16]

Written Answers — Department of Finance: IBRC Liquidation (6 Apr 2016)

Pearse Doherty: 172. To ask the Minister for Finance if he will provide an update of the liquidation process at the Irish Bank Resolution Corporation, including the timeframe for any likely payments to junior bondholders; and if he will make a statement on the matter. [6164/16]

Housing and Homelessness: Statements (22 Mar 2016)

Mick Barry: ...of them had lived in the properties in question for years. The letters were issued by Grant Thornton, the receiver in charge of 127 apartments on the estate, which was appointed by the State-owned IBRC in November 2010. This is the latest chapter in the saga of Anglo Irish Bank and the Irish Nationwide Building Society. KPMG has been the Government appointed liquidator of IBRC since...

Establishment of a Statutory Commission of Investigation into a Foster Home in the South East: Statements (2 Feb 2016) See 1 other result from this debate

Micheál Martin: ...co-operate with the commission of investigation for fear of prejudicing matters and so on? Is that a concern? The terms of reference can be agreed. We know that from the issue relating to the IBRC and Siteserv. The terms of reference can often be an issue of contention but not the core issue. The core issue is legal competence and the capacity to have the comprehensive inquiry that is...

Seanad: Joint Committee of Inquiry into the Banking Crisis: Statements (2 Feb 2016) See 1 other result from this debate

Michael D'Arcy: ..., I am glad it was put on the public record and that on two occasions the option to burden share with bondholders was put to the ECB on two occasions because almost a year later, with the liquidation of IBRC, a deal was achieved in terms of the €31 billion annual payment and the €3.1 billion in promissory notes that was shoved out into the long term. The ECB does not like...

Written Answers — Department of An Taoiseach: Departmental Investigations (2 Feb 2016)

Enda Kenny: ...Commission Department of Justice and Equality responsible for payment 4 June 2014 Fennelly Commission of Investigation Available in Statutory Instrument Number 192 of 2014 €1.730 (to end December 2015) Ongoing Cregan/IBRC Commission of Investigation Available in Statutory Instrument Number 253 of 2015 €0.472 (to end December 2015) Ongoing

Written Answers — Department of Finance: Central Bank of Ireland Transactions (2 Feb 2016)

Michael Noonan: Subsequent to the liquidation of IBRC the Central Bank acquired €25bn of Floating Rate Notes (FRNs) and €3.46bn of Government Fixed Coupon 2025 Government bonds. The Central Bank indicated a minimum disposal schedule of €0.5 billion up to the end of 2014, €0.5 billion per annum 2015 to 2018, €1 billion per annum 2019 to 2023 and €2 billion per annum...

Joint Committee of Inquiry into the Banking Crisis: Statements (28 Jan 2016) See 3 other results from this debate

Damien English: ...of that to me were clear. ELA could be suspended. ELA was always temporary. The Minister for Finance has set out on numerous occasions that the Government considered burden-sharing in the winding down of IBRC - comprising Anglo Irish Bank and Irish Nationwide - but was prevented due to the ECB's unwillingness to provide the necessary support to allow such an action to take place, which...

Written Answers — Department of Finance: Banking Sector Data (28 Jan 2016)

Michael Noonan: ...numbers have fluctuated due to its separation from Irish Life in 2012, as a result the employee numbers presented in the 2011 accounts are not representative of the current Bank structure.   In relation to IBRC (in Special Liquidation), there are currently 25 staff remaining in IBRC, all of which are employed in the Republic of Ireland. 1,186 staff were employed by IBRC as...

Order of Business (27 Jan 2016) See 1 other result from this debate

Peter Mathews: -----and he introduced a Bill in February 2013 to liquidate IBRC and impose €29 billion at the time - in fact, €32 billion-----

Ceisteanna - Questions (Resumed): Taoiseach's Meetings and Engagements (26 Jan 2016)

Enda Kenny: ...of the Government to ease the bank burden on Irish taxpayers and clean up our banks as we make our way to economic recovery. In that sense, banks have been recapitalised and restructured. IBRC was liquidated and the promissory notes replaced with long-term bonds in order to dramatically reduce our market funding requirements. Interest rate reductions on our loans were achieved, not just...

Written Answers — Department of Finance: IBRC Liquidation (26 Jan 2016)

Michael McGrath: 135. To ask the Minister for Finance the amount paid to date in professional fees to named professional firms in relation to the liquidation of the Irish Bank Resolution Corporation, including the amount paid to KPMG, in tabular form; the agreed rate charges by KPMG; how many KPMG staff are working on the liquidation; if the rates provide good value for money to the tax payer; when the...

Public Sector Standards Bill 2015: Second Stage (Resumed) (20 Jan 2016)

Seán Fleming: ...powers relating to discovery of documents. I want to ask a question that needs to be addressed. The issue of confidentiality of documents arose in respect of the Irish Bank Resolution Corporation, IBRC, inquiry where the receiver, paid for by the taxpayer, doing his job as he saw fit did not pass information to another taxpayer-funded organisation which ran the inquiry and the judge put...

Written Answers — Department of Finance: IBRC Liquidation (19 Jan 2016)

Michael McGrath: 155. To ask the Minister for Finance when an updated projection of the final outcome of the Irish Bank Resolution Corporation liquidation will be available; if the State expects to pay all unsecured creditors including junior bondholders; when cash will be returned to the State; and if he will make a statement on the matter. [1892/16]

Written Answers — Department of Finance: IBRC Liquidation (14 Jan 2016)

Catherine Murphy: 30. To ask the Minister for Finance further to Parliamentary Question No. 166 of 15 July 2014, the schedule and periodic amounts, under which the proceeds of the sale of the Central Bank of Ireland's €25 billion floating rate notes and €3.4 billion fixed coupon 2025 bonds acquired following the liquidation of Irish Bank Resolution Corporation were disposed of since that date;...

Written Answers — Department of Finance: EU-IMF Programme of Support (14 Jan 2016)

Michael Noonan: ...the EU facilities, extensions of maturities. While not part of the EU-IMF Programme we have also negotiated the replacement of the Promissory Notes issued to the Irish Bank Resolution Corporation (IBRC) with a series of longer term, non-amortising floating rate Government bonds. In addition, we made an early repayment of the vast bulk of Ireland's IMF programme loans which...

Shannon River Agency Bill 2016: First Stage (13 Jan 2016)

Robert Troy: ...argued this legislation would take too long and that the Shannon co-ordination group would suffice. I remind the Taoiseach that we sat here one morning until 5 a.m. to debate the liquidation of the IBRC. This is an emergency and if there were a political will to introduce legislation, it could be done. I thank the many people who worked voluntarily. If it were not for the voluntary...

Order of Business (13 Jan 2016) See 3 other results from this debate

Enda Kenny: ...on the Irish Bank Resolution Corporation, I wrote to Deputy Martin and the other leaders with a proposition for a possible approach to legislation to address issues relating to the work of the IBRC commission. This followed a request and a set of propositions from Mr. Justice Cregan. One of those propositions was to extend of the timeframe of the commission until the end of April 2016....