30. Deputy Catherine Murphy asked the Minister for Finance further to Parliamentary Question No. 220 of 16 December 2014, if he will indicate if, notwithstanding the commercial independence of Irish Bank Resolution Corporation at the time, his Department endeavoured to query the reason such a large loss to the State, amounting to over €100 million, was permitted to happen in the sale of the company concerned (details supplied); if not, the reason his Department was not concerned that such a large loss had occurred when the clear objective of IBRC was to maximise the return to the State; and if he will make a statement on the matter. [4700/15]

Summary

30. Deputy Catherine Murphy asked the Minister for Finance further to Parliamentary Question No. 220 of 16 December 2014, if he will indicate if, notwithstanding the commercial independence of Irish Bank Resolution Corporation at the time, his Department endeavoured to query the reason such a large loss to the State, amounting to over €100 million, was permitted to happen in the sale of the company concerned (details supplied); if not, the reason his Department was not concerned that such a large loss had occurred when the clear objective of IBRC was to maximise the return to the State; and if he will make a statement on the matter. [4700/15]

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• IBRC Operations

  xml · EN · 4 February 2015

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