Michael McGrath (Cork South Central, Fianna Fail)
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Question 40: To ask the Minister for Finance if the Irish Bank Resolution Corporation has referred any matters to the Office of the Director of Corporate Enforcement or other authorities arising from evidence which has emerged from the bank's investigations of the financial affairs of the Quinn Group of companies; and if he will make a statement on the matter. [30196/12]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware the Board of the bank is responsible for the day to day operations of the bank including matters relation to the recovery of debts and consequential matters. The bank has informed me that it would not be appropriate for the bank to comment on matters which may be the subject of investigation or litigation.