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- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020 (5 May 2022) Brian Stanley: ...for 2020, and Chapter 16 - Ireland Apple escrow fund; and the audited financial statements of the Exchequer 2020. The Department has been advised that the committee may wish to examine the liquidation of the Irish Bank Resolution Corporation, IBRC, and matters related to vehicle registration tax during the course of the engagement. We are joined in the committee room by the following...
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020 (5 May 2022) Catherine Murphy: That is fine. I want to cover the area of the Irish Bank Resolution Corporation, IBRC. The amalgamation of Anglo Irish Bank and Irish Nationwide was the biggest liquidation in the history of the State and we are still talking about it all these years later. On the remaining assets, the briefing document informed us that in July 2021 the loan portfolio was €3.4 billion. Has anything...
- Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020 (5 May 2022) Mr. Des Carville: The Deputy is referring to the €35 billion loan equity that went into Anglo Irish Bank and Irish Nationwide, which were merged into IBRC. What the liquidators have been doing since the liquidation commenced in 2013 is realising the assets. As the Secretary General said, we have €3.4 billion at par value of assets left to sell. We have disclosed there are 12...