Written answers

Thursday, 6 October 2016

Photo of Bobby AylwardBobby Aylward (Carlow-Kilkenny, Fianna Fail)
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85. To ask the Minister for Finance the position regarding the sale of the IBRC loans associated with the Whitfield Clinic in Waterford; the originating financial institutions associated with the Whitfield Clinic loans; the original financial institutions' book value of the loans associated with the Whitfield Clinic; the IBRC independent valuation of the Whitfield Clinic loans; the IBRC sale valuation achieved for the loans associated with the Whitfield Clinic; the completion date of IBRC's sale of the loans associated with the Whitfield Clinic; the name and beneficial owner of the successful purchaser of the IBRC loans associated with the Whitfield Clinic; details of other bids to IBRC associated with IBRC's sale of the loans associated the Whitfield Clinic in Waterford; the total of any monetary proceeds paid to NAMA by the special liquidator to IBRC in excess of the independent valuation in relation to the Whitfield loans under the exceptional liquidity assistance facility in the IBRC Act; and if he will make a statement on the matter. [29107/16]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by the IBRC Special Liquidators that for reasons of customer confidentiality and commercial sensitivity, they are precluded from providing the details sought in relation to the sale of the loans concerning individual customers.

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