Written answers
Wednesday, 17 September 2014
Department of Finance
IBRC Liquidation
Stephen Donnelly (Wicklow, Independent)
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270. To ask the Minister for Finance if any buyers of loans from Irish Bank Resolution Corporation have demanded and or received 100% of par value loans soon after buying those loans at discounts from the Irish Bank Resolution Corporation; and if he will make a statement on the matter. [34251/14]
Michael Noonan (Limerick City, Fine Gael)
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The Special Liquidators have been appointed to maximise the overall return for creditors in the liquidation including the Irish taxpayer. I am advised by the Special Liquidators that they are unable to comment on the intentions and/or on the subsequent actions of the third party purchasers of loan assets once the loan assets have been sold.
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