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Written Answers — Department of Finance: IBRC Liquidation (23 Jan 2019)

Marc MacSharry: 68. To ask the Minister for Finance the name of the creditors that received payments from the joint special liquidators of IBRC since the liquidation commenced on 7 February 2013; the amounts claimed by each creditor; the amounts paid to each creditor; and if he will make a statement on the matter. [3233/19]

Written Answers — Department of An Taoiseach: Commissions of Investigation (22 Jan 2019)

Leo Varadkar: Following receipt of the IBRC Commission’s Fifth Interim Report in November 2018, I consulted with opposition representatives regarding the Commission’s request for a further extension of its reporting deadline. There was a strong shared concern about the level of progress achieved by the Commission to date, the timeframe now proposed for concluding the first module of the...

Government's Brexit Preparedness: Statements (17 Jan 2019)

Seán Crowe: ...Members of the Oireachtas and other relevant stakeholders. We have seen this approach previously and each time it has led to even greater problems, with the bank guarantee and the liquidation of IBRC being two recent cases in point. This House needs to see the Brexit Bills as a matter of urgency. This cannot be pushed down the road any longer. This is too big an issue. The Bills must...

Ceisteanna - Questions: Commissions of Investigation (15 Jan 2019) See 4 other results from this debate

Mary Lou McDonald: 1. To ask the Taoiseach if he will report on the status of the commission of investigation into IBRC. [53031/18]

Written Answers — Department of Finance: National Debt Servicing (15 Jan 2019)

Paschal Donohoe: ...bond yields, and the full early repayment of IMF Programme loans. Looking back further towards the earlier part of the decade, the removal of margins on EU Programme loans and the replacement of the IBRC Promissory Notes have also helped reduce the debt service bill. I am advised that the debt service bill is expected to fall further this year.

Ceisteanna ó Cheannairí - Leaders' Questions (19 Dec 2018) See 1 other result from this debate

Pearse Doherty: ...seo. Tá súil agam go mbeidh Nollaig mhaith acu uilig agus bliain úr faoi mhaise agus go mbeimid uilig ar ais anseo, slán, sábháilte in 2019. A Cheann Comhairle, ba mhaith liom an cheist seo a ardú inniu leis an Taoiseach. Yesterday, the liquidators of IBRC, the successor to Anglo Irish Bank and Irish Nationwide, confirmed that unsecured and...

Seanad: Order of Business (19 Dec 2018)

Rose Conway Walsh: ...believe that I am standing here to say this today. It relates to the junior bondholders of Anglo Irish Bank who were given the full value of their bonds from the Irish Bank Resolution Corporation, IBRC, to the value of €270 million. Those are the banks that we have already paid €35 billion, between Anglo Irish Bank and Irish Nationwide. People right across the State have...

Written Answers — Department of An Taoiseach: Commissions of Investigation (19 Dec 2018)

Brendan Howlin: 88. To ask the Taoiseach the status of the commission of investigation into IBRC; and the projected costs in this regard. [53039/18]

Written Answers — Department of Finance: Consultancy Contracts Data (13 Dec 2018)

Paschal Donohoe: ...;13,365 100% 2010 N/A Nil 2011 PwC - €10,285 100% 2012 PwC - €32,595 100% 2013 KPMG - €9,225 100% 2014 KPMG - €9,225 100% 2015 KPMG - €9,225 100% 2016 N/A Nil 2017 KPMG - €18,450 100% 2018 N/A Nil ***Irish Bank Resolution Corporation The information provided is for the period from 2013 to date. Information prior to the...

Written Answers — Department of Finance: Departmental Staff Data (11 Dec 2018)

Paschal Donohoe: ...1: 1 Male; Bank Professional 2: 1 Male; Bank Professional 3: 1 Female; Bank Executive: 2 Females; Bank Officer: 1 Male, 1 Female 10 7 58.8% Male 41.2% Female Irish Bank Resolution Corporation N/A – IBRC do not use civil service grades 1 0 100% Male Irish Financial Services Appeals Tribunal N/A – IFSAT Do not have any employees Irish Fiscal Advisory Council...

Seanad: Consumer Protection (Regulation of Credit Servicing Firms) Bill 2018: Second Stage (5 Dec 2018) See 1 other result from this debate

Gerry Horkan: ...greater protection for mortgage holders, tenants and SMEs whose loans have been transferred to non-regulated entities, or vulture funds. Ireland has had loan sales before from NAMA and from the liquidation of IBRC, Danske Bank and Bank of Scotland Ireland. Prior to 2015, there was absolutely no protection for borrowers whose loans were sold to unregulated vulture funds. Many in the...

Public Accounts Committee: Business of Committee (8 Nov 2018)

Seán Fleming: ...if that can be done and it is something we will come back to in our work programme. In the meantime, we will ask for the detail on the team. The next item concerns the special liquidator for IBRC, on which we had various recommendations. Since then, the work of the committee has overtaken the various recommendations we had on that issue and we have discussed it at recent meetings with...

Written Answers — Department of Finance: Commissions of Investigation Data (6 Nov 2018)

Paschal Donohoe: ...carrying out any such Commissions of Investigation or State Inquiries during 2018. However, my Department has been asked to provide information to the Commission of Investigation relating to IBRC and to the Commission of Investigation relating to NAMA. Some expenditure has arisen in responding to those requests for information.

Public Accounts Committee: Business of Committee (18 Oct 2018)

Seán Fleming: ...requested by the committee: additional information relating to cash holdings in NAMA, the impact of negative interest rates, and an update relating to the case before the courts regarding the IBRC liquidation. In respect of the special liquidation of IBRC, the Department is defending the proceedings and confirms that a comprehensive defence to these proceedings will be filed within two...

Resignation of Minister: Statements (11 Oct 2018)

Richard Boyd Barrett: ...basis of these meetings and other issues that have been raised, with one part of the consortium being investigated in the context of the sale of Siteserv to the Irish Bank Resolution Corporation, IBRC, and legal action being taken in the United States against another part of that consortium regarding its communications with the Ireland Strategic Investment Fund while it was involved in...

Minister for Communications, Climate Action and Environment: Statements (11 Oct 2018)

Richard Boyd Barrett: ...a possible takeover, he was also negotiating with the ISIF, which then bought him out. Another component to the consortium, Actavo, is being investigated regarding the sale of Siteserv by the IBRC. What a mess. It is a mess that was produced from the process of privatising and outsourcing key infrastructural projects. My God, we would never have had the ESB if we had had this sort of...

Public Accounts Committee: Business of Committee (27 Sep 2018) See 1 other result from this debate

Seán Fleming: ...correspondence is from Mr. Derek Moran, Secretary General of the Department of Finance on the High Court case against the Minister for Finance in respect of the Irish Bank Resolution Corporation, IBRC, liquidation. Mr. Moran states that there has been no settlement in the case but he will keep the committee updated. The clerk to the committee was informed recently that there have been...

Ceisteanna - Questions: Commissions of Investigation Expenditure (25 Sep 2018)

Leo Varadkar: The commissions of investigation for which I am the specified Minister under the Commissions of Investigation Act 2004 are the Irish Bank Resolution Corporation, IBRC, commission of investigation and the National Asset Management Agency, NAMA, commission of investigation. Following consultations with the Opposition parties by the then Minister for Finance, the IBRC commission of...

Written Answers — Department of An Taoiseach: Commissions of Investigation (25 Sep 2018)

Leo Varadkar: In December 2017, following a request from the IBRC Commission of Investigation, I extended its deadline for reporting on the first module of its investigation, the Siteserv transaction, to 31 December 2018. To the end of August 2018, the IBRC Commission spent a total of €4,268,887, of which €1,829,867 was spent on legal fees in relation to the Counsel engaged on behalf of...

Public Accounts Committee: National Asset Management Agency: Financial Statements 2016 and 2017
Comptroller and Auditor General Special Report No. 102: National Asset Management Agency Second Progress Report (20 Sep 2018) See 7 other results from this debate

...x20ac;15.2 million but AIB is the only bank continuing to do this for us and it got €3.3 million. The rest was paid to a third-party service provider which took over from the Bank of Ireland and from IBRC after its liquidation.