Written answers
Tuesday, 11 December 2012
Department of Finance
Legal Cases
Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to a newspaper report that the Irish Bank Resolution Corporation requested a borrower to withdraw a complaint by the borrower against a company (details supplied) the reason IBRC would specifically or in general adopt such an approach to one of its borrowers. [55390/12]
Michael Noonan (Limerick City, Fine Gael)
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I have been informed that it should be noted that the newspaper article in question published details of privileged information and the Bank has not waived the privilege attaching to that information. These matters are the subject of on-going litigation and it is not appropriate for the Minister to make any comment.
Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to the recent application by the Irish Bank Resolution Corporation in the High Court where a company (details supplied) is named as the respondent, if he will provide an outline of the application and remedies sought by IBRC. [55391/12]
Michael Noonan (Limerick City, Fine Gael)
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IBRC have advised me that it issued proceedings on 27 November 2012 against the company referred to in the question. These proceedings relate to the role of that company as auditors to Anglo Irish Bank Plc. pre-nationalisation. As this matter is now the subject of litigation, it would be inappropriate for me to comment further at this time.
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