Written answers
Wednesday, 22 February 2012
Department of Finance
State Banking Sector
8:00 pm
Pádraig Mac Lochlainn (Donegal North East, Sinn Fein)
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Question 25: To ask the Minister for Finance if he will report on the way information regarding the existence of a retention agreement between Irish Bank Resolution Corporation and a company (details supplied) came to be in the public domain; if he authorised the release of such information; if his attention has been drawn to the fact that it has been released to the media; and if he will make a statement on the matter. [9960/12]
Michael Noonan (Limerick City, Fine Gael)
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The Deputy will be aware that under the Relationship Framework the Board of the bank is responsible for the day to day operations of the bank. The existence of a retention agreement between IBRC and the company referred to in the question came to be in the public domain firstly, as far as I am aware, through a Parliamentary Question asked by Deputy Adams on Thursday 9th February. The Bank subsequently responded to media queries on the matter.
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