Pearse Doherty (Donegal, Sinn Fein)
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127. To ask the Minister for Finance the status of former employees of the Irish Bank Resolution Corporation as creditors in the liquidation process; and if he will make a statement on the matter. [14272/16]

Pearse Doherty (Donegal, Sinn Fein)
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128. To ask the Minister for Finance if former workers at Irish Bank Resolution Corporation will receive four weeks' redundancy pay less statutory pay, given the latest report on the liquidation of the Irish Bank Resolution Corporation; and if he will make a statement on the matter. [14273/16]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 127 and 128 together.

I am advised by the Special Liquidators of IBRC that all of the preferential creditor payments to former employees of IBRC have been processed for payment.

The unsecured creditor claims of former employees of IBRC are in the process of being adjudicated on by the Special Liquidators. Only valid and agreed unsecured creditor claims of former employees will rank for payment as an unsecured creditor of the liquidation.

Pearse Doherty (Donegal, Sinn Fein)
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129. To ask the Minister for Finance the unsecured creditors at the Irish Bank Resolution Corporation who have applied for funds from the liquidation; the value of their applications; the payment in each case; and if he will make a statement on the matter. [14274/16]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Special Liquidators that they are not in a position to divulge this information given the supplier / client confidentiality relationship and commercial sensitivities around same.

A third progress update report on the Special Liquidation of IBRC was recently published and is available on the Department of Finance website at . I would like to draw the Deputy's attention to pages 21-25 of this report which is a section on the creditor adjudication process as part of the Special Liquidation of IBRC.