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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2018
Vote 1 - President's Establishment (Revised)
Vote 2 - Department of the Taoiseach (Revised)
Vote 3 - Office of the Attorney General (Revised)
Vote 4 - Central Statistics Office (Revised)
Vote 5 - Office of the Director of Public Prosecutions (Revised)
Vote 6 - Office of the Chief State Solicitor (Revised) (29 Mar 2018)

Michael McGrath: The spend in 2017 was about half of what was estimated. The Estimate was about €4.7 million or €4.8 million and €2.4 million was spent. Regarding the commission of investigation into IBRC, what did the Taoiseach make of the former Anglo Irish Bank CEO's statement that the cost of that commission of inquiry could reach €100 million?

Public Accounts Committee: Business of Committee (29 Mar 2018)

Marc MacSharry: We had a report yesterday and we dealt with IBRC and the committee of inspection and our recommendations around that. When we had the relevant people before us from the Department of Finance, including Mr. Carville, I mentioned that the previous week a case had been taken by a debt advocate, Mr. Hall and the Irish Mortgage Holders Organisation, against the Minister for failure to ensure...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Did SBCI provide funding in the area of the Anglo Irish Bank and Irish Bank Resolution Corporation, IBRC, bailout?

Written Answers — Department of Finance: IBRC Liquidation (27 Mar 2018)

Catherine Murphy: 87. To ask the Minister for Finance if his Department has engaged with the special liquidator of IBRC regarding the release of internal documents by a former official of the bank (details supplied); and if he will make a statement on the matter. [11060/18]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Permanent TSB (22 Mar 2018)

Mr. Eamonn Crowley: I draw the Senator's attention to IBRC, which sold PDH loans originated by Irish Nationwide Building Society. There have been residential home loan sales in the past.

Written Answers — Department of Finance: Departmental Banking (20 Mar 2018)

Paschal Donohoe: ...x2013; arising on amounts held on current accounts.  NIL – arising on amounts held on (fixed-term) deposit accounts. Irish Bank Resolution Corporation I have been informed by the Special Liquidators that there is currently c. €1.5bn held on deposit by IBRC. IBRC were achieving 0% or positive interest rates on €1.36bn of these deposits and were...

Leaders' Questions (8 Mar 2018) See 1 other result from this debate

Catherine Murphy: ...of and respect the fact that the Cregan commission of investigation is under way and I will not comment on the substance of that inquiry. A statement was issued this week by the former CEO of IBRC in which he expressed concern regarding the costs of the ongoing Cregan commission of investigation into IBRC, including matters relating to Siteserv. I share these concerns about the...

Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Second Stage [Private Members] (6 Mar 2018) See 2 other results from this debate

Catherine Murphy: ...years. The bank appeared before the Oireachtas committee on finance and said as much. Essentially, it is at the time of a review that people are very exposed. I remember the answer we got when IBRC offered its loan book for sale. We were told then that the Government did not know who was going to buy the loans and we are hearing the exact same thing now. However, if the loans are...

Leaders' Questions (28 Feb 2018)

Joan Collins: ...and international banks. The biggest seller in this was the State through the medium of the National Asset Management Agency, NAMA. The liquidation of the Irish Bank Resolution Corporation, IBRC, facilitated the sell off of €22 billion in loans in a matter of months. This all started, appropriately enough, in Davos in 2014 when the then Minister for Finance, Deputy Noonan, met...

Ceisteanna - Questions: Commissions of Investigation (27 Feb 2018) See 5 other results from this debate

Leo Varadkar: ...in respect of two senior counsel and six junior counsel. It should be noted that the counsel work for the commission as required rather than on a full-time basis. As required under the Commissions of Investigation Act 2004, the IBRC commission's legal cost guidelines were prepared at the outset by the commission and the Taoiseach as specified by the Minister, with the consent of the...

Seanad: Sale of Permanent TSB Loan Book: Statements (22 Feb 2018)

Rose Conway Walsh: ...they are supposed to behave and the Central Bank has not ensured they have behaved. That is an ongoing problem and challenge for us. If we think back to the Irish Bank Resolution Corporation, IBRC, mortgage holders and the campaign they ran to bring attention to this issue, we had all the same material that is being talked about now. Representatives of Permanent TSB will appear before...

Written Answers — Department of Finance: Commercial Property (6 Feb 2018)

Paschal Donohoe: ...backed securities (CMBS), has been particularly important in supporting the necessary deleveraging of the Irish State and economy through National Asset Management Agency (NAMA) and Irish Bank Resolution Corporation (IBRC) sales. The aforementioned analyses illustrate a market that is currently seeing strong demand and a supply response, which is primarily being funded (70%) by foreign...

Written Answers — Department of Finance: Legal Proceedings (30 Jan 2018)

Paschal Donohoe: ...a number of declaratory reliefs in relation to the allegation that the Minister has failed to ensure that there is an effective process for assessing and monitoring the remuneration of the Special Liquidators of IBRC.  I am conscious that these proceedings are currently before the High Court.  I will however reiterate that I am satisfied that the...

Written Answers — Department of Finance: Departmental Bodies Data (23 Jan 2018)

Paschal Donohoe: ...merged in July 2011 following the transfer of all assets and liabilities of Irish Nationwide Building Society to Anglo Irish Bank and subsequently became known as Irish Bank Resolution Corporation (IBRC). The Irish Fiscal Advisory Council was established on an interim basis in July 2011 and put on a statutory footing in December 2012 by the Fiscal Responsibility Act. The Credit...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018) See 1 other result from this debate

Pearse Doherty: Are IBRC customers the only ones who will not get their money back?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Paschal Donohoe: ...six other affected lenders dealing with what the Central Bank believes to be the vast majority of other cases outside the five banks we have discussed so far, namely, ACC, Bank of Scotland, Danske, IBRC, Springboard Mortgages and Stepstone Mortgages. The total number of impacted cases emerging from that work is approximately 300. This is just under 1% of the total number of cases we have...

Written Answers — Department of Finance: IBRC Liquidation (16 Jan 2018)

Michael McGrath: 208. To ask the Minister for Finance the refunds made or compensation issued by the special liquidator of IBRC in respect of payment protection insurance wrongly charged by a building society (details supplied); the recourse customers and former customers have in this regard; and if he will make a statement on the matter. [55079/17]

Public Accounts Committee: Business of Committee (14 Dec 2017) See 1 other result from this debate

David Cullinane: ...Carville, head of the shareholding and financial advisory division in the Department of Finance in relation to our meeting scheduled for today and difficulties caused by a High Court action on the IBRC liquidation. I propose we just note the item for the moment and deal with the matter in that part of the meeting. Is that agreed? Agreed. No. 982B is dated 12 December 2017 and is from...

Public Accounts Committee: 2016 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2016
Irish Bank Resolution Corporation Liquidation (14 Dec 2017) See 29 other results from this debate

David Cullinane: ...to deal with two matters: the Comptroller and Auditor General's report of 2016, chapter 3, on the cost of bank stabilisation measures at the end of 2016; and the Irish Bank Resolution Corporation, IBRC, liquidation. We are joined by the following officials from the Department of Finance: Mr. Des Carville, Assistant Secretary, head of the shareholding and advisory division; Mr. Gary Tobin,...

Written Answers — Department of Finance: IBRC Expenditure (14 Dec 2017)

Michael McGrath: 95. To ask the Minister for Finance the amount of fees paid to barristers, senior and junior counsel by IBRC since the appointment of the special liquidators; the name and amount paid to each recipient; the estimated total professional fees arising from the special liquidation; and if he will make a statement on the matter. [53754/17]