Written answers
Tuesday, 12 July 2016
Department of Finance
Deposit Guarantee Scheme
Clare Daly (Dublin Fingal, Independent)
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213. To ask the Minister for Finance further to Parliamentary Question Number 115 of 23 June 2016, the timeframe for the appointment of an assessor to determine the aggregate value of the transferred shares from Anglo Irish Bank; and the consequent amount of compensation that may be payable to persons in respect of Anglo Irish Bank shares, particularly those who purchased shares in late 2008. [21267/16]
Michael Noonan (Limerick City, Fine Gael)
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As I outlined in my response to Parliamentary Question number 115 of 23 June 2016, since the liquidation of IBRC in February 2013, there has been no timeframe set for the appointment of an assessor to independently determine the fair and reasonable aggregate value, if any, of the transferred shares and extinguished rights and the consequent amount of compensation, if any, that may be payable to persons in respect of Anglo Irish Bank shares transferred and rights extinguished under the Act.
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