Written answers
Tuesday, 26 May 2015
Department of Finance
IBRC Loans
Catherine Murphy (Kildare North, Independent)
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289. To ask the Minister for Finance if he is aware of the existence of a verbal agreement between a debtor (details supplied) and the chief executive officer of the Irish Bank Resolution Corporation, which stipulated terms and conditions of loan repayments due to the corporation; and if he will make a statement on the matter. [20259/15]
Catherine Murphy (Kildare North, Independent)
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290. To ask the Minister for Finance if he is aware of an agreement put in place between a debtor and the Irish Bank Resolution Corporation (details supplied), regarding the flexible repayment of that debtor's loans, which was never escalated to the credit committee of the corporation, as legally required; and if he will make a statement on the matter. [20260/15]
Catherine Murphy (Kildare North, Independent)
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291. To ask the Minister for Finance if he is aware that a debtor to the Irish Bank Resolution Corporation (details supplied) had written to the present special liquidator of the corporation, seeking changes in any of the terms and conditions of that debtor's loans; and if he will make a statement on the matter. [20261/15]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 289 to 291, inclusive, together.
I am advised by the Special Liquidators that they are not in a position to comment on individual borrowers. The requested information is confidential and it would not be appropriate for the Special Liquidators to release such information.
Catherine Murphy (Kildare North, Independent)
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292. To ask the Minister for Finance if he is aware that the special liquidators of the Irish Bank Resolution Corporation have offered or given discounts to debtors, as an incentive to refinance their loans elsewhere, before the scheduled sale of said loans as part of the liquidation process; and if he will make a statement on the matter. [20262/15]
Michael Noonan (Limerick City, Fine Gael)
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The Special Liquidators have confirmed to me that no borrowers were offered discounts on their loans as an incentive to refinance their loans elsewhere.
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