Written answers

Thursday, 16 April 2015

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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83. To ask the Minister for Finance the amount of the settlement made by former directors of Irish Nationwide Building Society; if it was paid personally by the former directors or by an insurance company under the directors' indemnity insurance; and if he will make a statement on the matter. [15094/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I have been advised by the Special Liquidators of IBRC that a mediation meeting with certain of the former directors of Irish Nationwide Building Society took place. However given that mediation is a totally confidential process, the Special Liquidators are unable to comment further on this matter.

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