Written answers

Tuesday, 25 March 2014

Department of Environment, Community and Local Government

IBRC Bond Issues

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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710. To ask the Minister for Environment, Community and Local Government if information on the bonds held by all local authorities with the former Anglo Irish Bank, now the liquidated Irish Bank Resolution Corporation, has been collated; if information on the value of bonds held by local authorities has been sent to the Special Liquidator of the IBRC and his Department. [13770/14]

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour)
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The information in question is currently being collated and quantified, and further information is being sought from some of the local authorities through the City and County Managers Association (CCMA), in order to assess the real exposure value of residential IBRC bonds.

Meetings have been held with the special liquidator and there is good cooperation between the relevant parties.

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