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Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Cathal Berry: ...and thank Mr. Justice Brian Cregan for his hard work. I agree with his findings, and it is now up to the statutory bodies - the Revenue Commissioners, the Corporate Enforcement Authority and the IBRC special liquidators - to follow up on his comprehensive report. Many people have been let down by the performance, first among them the taxpayer. We are potentially down €7.8...

Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Bríd Smith: ...We have to look at the bare facts of this report, however. They are pretty astonishing, as is the fact that it seems the commission will not investigate the other 37 transactions in which the State-owned IBRC wrote off €1.88 billion in aggregate between 2009 and 2013, the special liquidation. There is no ambiguity in the case of Siteserv, however. The heavily-indebted company debt...

Irish Bank Resolution Corporation Commission of Investigation Report: Statements (14 Sep 2022)

Micheál Martin: ...following consultations between Oireachtas parties. Under these amended terms of reference, the commission was required to investigate all transactions, activities and management decisions at the IBRC, other than those relating solely to the acquisition of assets by the National Asset Management Agency, which occurred between 21 January 2009 and 7 February 2013 and which either resulted...