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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2024
Vote 1 - President's Establishment (Revised)
Vote 2 - Department of the Taoiseach (Revised)
Vote 3 - Office of the Attorney General (Revised)
Vote 5 - Office of the Director of Public Prosecutions (Revised)
Vote 6 - Chief State Solicitor's Office (Revised)
(24 Apr 2024)

Jim O'Callaghan: ...with him. One is that his Department has responsibility for commissions of investigation. I think there are two under his control at present. One is the NAMA commission and the other is the IBRC commission. I am conscious that the IBRC commission has concluded. It delivered its report in July 2022. Where are we with the NAMA commission? The Taoiseach said in his submission that it...

Written Answers — Department of Finance: Data Centres (27 Feb 2024)

Michael McGrath: ...to indicate that where data centres are used by the ICCL, they are located in the greater Dublin area and are within a 30km radius of its head office. In respect of the Irish Bank Resolution Corporation (IBRC), information technology (IT) infrastructure is contained within two data centres located in the Dublin region. The recommended distance between data centre locations is within...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024) See 6 other results from this debate

John McGuinness: I thank the Senator. I just want to go back to an issue I raised before with the Governor. It concerned Anglo Irish Bank, latterly the Irish Bank Resolution Corporation, IBRC. What is the position now regarding this entity?

Written Answers — Department of Finance: Banking Sector (1 Feb 2024)

Michael McGrath: The total recapitalisation of the domestic banks amounted to €64.1bn, of which €34.7bn was invested in Anglo Irish Bank and INBS or Irish Bank Resolution Corporation (IBRC) and €29.4bn in AIB, Bank of Ireland and PTSB. To date, €23.1bn of the investment in the three remaining banks has been recovered in cash by way of disposals, investment income and liability...

Written Answers — Department of Finance: Departmental Priorities (12 Dec 2023)

Michael McGrath: ..., Climate and Nature Fund which will allow for sustained levels of investment in infrastructure in the event of economic downturns and to support climate and nature related projects. The 10th Progress Update Report on the special liquidation of IBRC was published in September 2023. As set out in the Report, the timeline for completion of the liquidation remains forecast to be by the end...

Public Accounts Committee: Appropriation Accounts 2022
Vote 7 - Office of the Minister for Finance
Finance Accounts 2022
Report on the Accounts of the Public Services 2022
Chapter 1 – Exchequer Financial Outturn for 2022
Chapter 2 – Reporting Ireland’s EU Transactions
Chapter 24 – Performance of the Ireland Apple Escrow Fund
Chapter 25 – Irish Fiscal Advisory Council
(30 Nov 2023) See 2 other results from this debate

Catherine Murphy: They have to make it up. I want to ask about the IBRC. In the tenth progress report, relating to 2021 and 2022, Russia and the Czech Republic are included together. Why is that the case? I think we can all appreciate that Russia would be in a different category. There is 57% of the portfolio of assets in Russia and the Czech Republic. Do we know what the figure is for the Czech...

Public Accounts Committee: Business of Committee (30 Nov 2023)

Catherine Murphy: ...entitlements, for example. I get quite annoyed when it is said that we bailed the banks out and that the only banks that really cost us money were Anglo Irish Bank and Irish Nationwide, which IBRC succeeded. The fact that they crashed so spectacularly – the property bubble caused that – led to other economic costs, including a huge amount of additional borrowing. It tends...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 2 - Department of the Taoiseach (Supplementary)
Vote 5 - Office of the Director of Public Prosecutions (Supplementary)
(23 Nov 2023) See 1 other result from this debate

Hildegarde Naughton: ...’ assembly subheads. To allow the Oireachtas to vote on the technical Supplementary Estimate, an additional €1,000 must be requested on the Department’s 2023 Estimate, bringing the net 2023 Estimate to €38.746 million. The Irish Bank Resolution Corporation, IBRC, commission’s report on the Siteserv transaction was received in July 2022 and it was...

Written Answers — Department of Finance: Banking Sector (23 Nov 2023)

Michael McGrath: The total recapitalisation of the domestic banks amounted to €64.1bn, of which €34.7bn was invested in Anglo Irish Bank and INBS Irish Bank Resolution Corporation (IBRC) and €29.4bn in AIB, Bank of Ireland and PTSB. To date, €23.1bn of the investment in the three remaining banks has been recovered in cash by way of disposals, investment income and liability...

Written Answers — Department of Finance: State Bodies (24 Oct 2023)

Michael McGrath: ...Home Building Finance Ireland oireachtas@hbfi.ie Investor Compensation Company DAC pqs@centralbank.ie Irish Bank Resolution Corporation pqs@ibrc.ie Irish Financial Services Appeals Tribunal registrar@ifsat.ie Irish Fiscal Advisory Council oireachtas.queries@fiscalcouncil.ie ...

Written Answers — Department of Finance: State Bodies (20 Jun 2023)

Michael McGrath: ...its mandate, it would engage with each request on a case-by-case basis, subject to available resources, in a timely manner as it does with Parliamentary Questions. Irish Bank Resolution Corporation (IBRC) pqs@ibrc.ie N/A – IBRC is in advanced liquidation- no formal processes are put in place on the matter however, informal feedback is sought...

Written Answers — Department of Finance: State Assets (13 Jun 2023)

Michael McGrath: ...on these assets is published. Shareholding in Domestic Banks The total recapitalisation of the domestic banks amounted to €64.1bn, of which €34.7bn was invested in Anglo Irish Bank and INBS (IBRC) and €29.4bn in AIB, BOI and PTSB. To date, €21.6bn of the investment in the three remaining banks has been recovered in cash by way of disposals, investment income and...

Written Answers — Department of Finance: Departmental Bodies (1 Jun 2023)

Michael McGrath: ...Home Building Finance Ireland oireachtas@hbfi.ie Investor Compensation Company DAC pqs@centralbank.ie Irish Bank Resolution Corporation pqs@ibrc.ie Irish Financial Services Appeals Tribunal registrar@ifsat.ie Irish Fiscal Advisory Council oireachtas.queries@fiscalcouncil.ie ...

Written Answers — Department of An Taoiseach: Commissions of Investigation (31 May 2023)

Leo Varadkar: The IBRC Commission of Investigation engaged three independent experts to assist it in its work. They were paid €150 per hour up to a maximum of €750 per diem and details of the amounts paid to each by year to date are set out in the table beneath. - 2018 2019 2020 2021 2022 Donald Rushton €5,904 ...

Ceisteanna - Questions: Commissions of Investigation (30 May 2023) See 1 other result from this debate

Leo Varadkar: ...in the future for investigations that relate to commercial matters or commercial transactions. Of course, the Garda Economic Crime Bureau has a role in that too. One of the suggestions put forward in the IBRC report is that we have a standing commission of inquiry, which would mean we would not have to set one up each time. There are pros and cons to doing that as well. That needs to...

Written Answers — Department of An Taoiseach: Commissions of Investigation (16 May 2023)

Leo Varadkar: The IBRC Commission of Investigation engaged four independent experts to assist it in its work. Details of the amounts paid to each to date are set out in the table beneath. 2017 2018 2019 2020 2021 2022 John Goodwin €83,947.50 €156,456.00 €123,984.00 €251,742.00...

Ceisteanna - Questions: Commissions of Investigation (9 May 2023) See 4 other results from this debate

Ivana Bacik: 13. To ask the Taoiseach if he will report on the publication of the fifteenth interim report of the IBRC Commission of Investigation. [19244/23]

Written Answers — Department of Finance: Irish Bank Resolution Corporation (7 Mar 2023) See 1 other result from this answer

Jim O'Callaghan: 235. To ask the Minister for Finance whether the terms of the settlement entered into by the special liquidators of IBRC with a company (details supplied) can be disclosed; and if he will make a statement on the matter. [11144/23]

Written Answers — Department of Finance: Banking Sector (21 Feb 2023)

Michael McGrath: The total recapitalisation of the domestic banks amounted to €64.1bn, of which €34.7bn was invested in Anglo Irish Bank and INBS (IBRC) and €29.4bn in AIB, BOI and PTSB. To date, €21.2bn of the investment in the three remaining banks has been recovered in cash by way of disposals, investment income and liability guarantee fees (breakdown in tabular form below). As...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Estimates for Public Services 2023
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)
(15 Feb 2023) See 1 other result from this debate

John McGuinness: ...financial advisory division, SFAD, allocation is to cover the cost of the restructure of the banking system related to litigation which remains ongoing. What litigation? Is it to do with Anglo, IBRC or what?

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