Written answers

Wednesday, 15 May 2013

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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113. To ask the Minister for Finance his views on whether the Irish Bank Resolution Corporation breached the terms of its Commitments Letter to the European Commission by issuing a further €5 million loan to a person (details supplied) in 2012 to pay legal costs, when their debt with IBRC amounted to approximately €900 million in personal and corporate accounts at the time. [23153/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by the Special Liquidators that they are not in a position to comment on individual cases. The information requested is confidential and it would not be appropriate for the Special Liquidators to release such information.

The terms of the European Commission Commitments letter are contained in the Commission Decision of 29.06.2011 and published at -

( ). I am not aware of any breaches by IBRC of the Commitments contained in that decision.

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