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Ireland · Question · written

PQ 152

152. Deputy Gerry Adams asked the Minister for Finance further to a meeting of the Committee of Public Accounts of 7 March 2013 (details supplied) if he will give details of the liquidation process of Irish Bank Resolution Corporation and the participation of NAMA in the process; if he will clarify whether it is the case that NAMA is required to bid at the independent valuers valuation of the loan book if nobody pays more or whether it is the case that NAMA will bid higher than the independent valuers valuation even if there are third party bids at the independent valuers price if it is felt that more value for the State can be attained through winding the assets down or running them off in a longer period; and if he will make a statement on the matter. [19866/13]

askedIreland· Dáil Éireann· EN

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30 April 2013

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30 April 2013

Summary

152. Deputy Gerry Adams asked the Minister for Finance further to a meeting of the Committee of Public Accounts of 7 March 2013 (details supplied) if he will give details of the liquidation process of Irish Bank Resolution Corporation and the participation of NAMA in the process; if he will clarify whether it is the case that NAMA is required to bid at the independent valuers valuation of the loan book if nobody pays more or whether it is the case that NAMA will bid higher than the independent valuers valuation even if there are third party bids at the independent valuers price if it is felt that more value for the State can be attained through winding the assets down or running them off in a longer period; and if he will make a statement on the matter. [19866/13]

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IBRC Liquidation

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