Results 1-5 of 5 for ibrc speaker:Ruth Coppinger
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- Committee on Housing and Homelessness: Tyrrelstown Residents (19 May 2016)
Ruth Coppinger: ...accident that this happened or that it happened behind anybody's back. Beltany spent €760 million buying portfolios in Ireland between March 2014 and March 2015. The largest portfolio was from IBRC, the Irish Bank Resolution Corporation. The Government had to know because the Minister for Finance, Deputy Michael Noonan, and the Department would have been kept regularly informed...
- Committee on Housing and Homelessness: Minister for Finance (5 May 2016)
Ruth Coppinger: ...that they are now controlled by European Property Fund, EPF, which is a vulture fund linked to Goldman Sachs. Many of these mortgages were bought from State agencies under the Minister's watch. The IBRC sold 15,000 to Mars Capital, a vulture fund. The State-owned permanent tsb and AIB have also sold mortgages to vulture funds, as have privately-owned foreign banks such as Ulster Bank...
- Leaders' Questions (23 Apr 2015)
Ruth Coppinger: ...of reform in which this Government will change the political landscape and our capacity to report and hold to account lobbyists." She did nothing. She could have changed the terms of reference of the IBRC and the winding down. She is right that Fianna Fáil set it up and that anything could happen, but she had a whole year to do something about it. We have seen residents jailed...
- Leaders' Questions (23 Apr 2015)
Ruth Coppinger: These are just facts. He was also the head of specialised asset recovery at IBRC and oversaw Denis O'Brien's borrowings with IBRC. Brian Harvey, the CEO of Siteserv, received a personal lump sum of €800,000 as a result of the sale to Millington.
- Leaders' Questions (23 Apr 2015)
Ruth Coppinger: Lawyers, Arthur Cox, represented both O'Brien and IBRC. Why was there no independent legal representation for the Irish taxpayer? The sale was processed by people with many connections to Siteserv in Davy and KPMG. The big question is why other bidders, making much larger offers, were not even considered. The only tender that included payments to directors was the Millington tender. If...