Written answers
Thursday, 2 October 2014
Department of Finance
Credit Unions Restructuring
Peadar Tóibín (Meath West, Sinn Fein)
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27. To ask the Minister for Finance the position regarding the liquidation process at a credit union (detail supplied) in County Kildare; and on the future of the building that housed the credit union. [37216/14]
Michael Noonan (Limerick City, Fine Gael)
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On 16 December 2013, Mr Jim Luby of McStay Luby Chartered Accountants was appointed by the High Court as liquidator of Newbridge Credit Union Limited (in liquidation).
I have been informed by the Central Bank that the liquidator is engaging with a potential purchaser of the Newbridge Credit Union Limited premises. All matters in relation to the sale of the premises will be dealt with by the liquidator.
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