271. Deputy Stephen S. Donnelly asked the Minister for Finance if he will confirm that the special liquidators of Irish Bank Resolution Corporation refused an offer, in March 2014, to redeem at par a €36 million loan linked to the Galway Clinic; if the loan was subsequently sold by the special liquidators of IBRC to a company (details supplied) which then issued a repayment demand in July 2014 which was met in full; if such details are not available or are commercially sensitive, the controls he has in place to monitor any such occurrences; and if he will make a statement on the matter. [34252/14]

Summary

271. Deputy Stephen S. Donnelly asked the Minister for Finance if he will confirm that the special liquidators of Irish Bank Resolution Corporation refused an offer, in March 2014, to redeem at par a €36 million loan linked to the Galway Clinic; if the loan was subsequently sold by the special liquidators of IBRC to a company (details supplied) which then issued a repayment demand in July 2014 which was met in full; if such details are not available or are commercially sensitive, the controls he has in place to monitor any such occurrences; and if he will make a statement on the matter. [34252/14]

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• IBRC Loans

  xml · EN · 17 September 2014

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