Written answers

Tuesday, 21 April 2015

Photo of Catherine MurphyCatherine Murphy (Kildare North, Independent)
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307. To ask the Minister for Finance further to his statement that his Department had a number of concerns regarding the quality of decisions taken at the Irish Bank Resolution Corporation over the sale of a company (details supplied), if those concerns specifically included the possibility that a senior staff member (details supplied) of the corporation had a triple conflict of interest in that the staff member simultaneously managed the company's account, the account of the owner of the ultimately successful bidder for the company and the personal account of the chief executive officer of the company during the sale process; if his Department made any inquiries on this specific matter; if so, if he will share these findings; if this specific matter was raised by him or his officials during the meetings which took place arising from the sale of the company; and if he will make a statement on the matter. [15637/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Notwithstanding that officials from my Department had concerns regarding the quality of some decisions taken by IBRC prior to its liquidation, I am not aware of and there are no records which suggest that there were any concerns with the person referred to in the question or of any potential conflicts of interest that existed in his role in IBRC. Therefore, I am unable to comment further on this matter.

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