60. Deputy Pearse Doherty asked the Minister for Finance if he instructs the Special Liquidator KPMG or indirectly the independent professional valuers of PWC and UBS pursuant to the Irish Bank Resolution Corporation Act 2013 to alter their preferred loan methodologies in order to ensure that the valuation of the total loan book of Irish Bank Resolution Corporation is greater than €12.928 billion combined with all the unguaranteed unsecured liabilities of the bank, the ELG liabilities of the bank and the Deposit Guaranteed Scheme liabilities of the bank that National Asset Management Agency’s acquisition of the remainder balance sheet of IBRC which is not sold to third parties would make all of those liabilities whole including providing an Exchequer boost of the €933.77 million the Exchequer has paid out for the ELG bonds as well as the £300 million of preference shares issued by him; and if he will make a statement on the matter. [21983/13]

Summary

60. Deputy Pearse Doherty asked the Minister for Finance if he instructs the Special Liquidator KPMG or indirectly the independent professional valuers of PWC and UBS pursuant to the Irish Bank Resolution Corporation Act 2013 to alter their preferred loan methodologies in order to ensure that the valuation of the total loan book of Irish Bank Resolution Corporation is greater than €12.928 billion combined with all the unguaranteed unsecured liabilities of the bank, the ELG liabilities of the bank and the Deposit Guaranteed Scheme liabilities of the bank that National Asset Management Agency’s acquisition of the remainder balance sheet of IBRC which is not sold to third parties would make all of those liabilities whole including providing an Exchequer boost of the €933.77 million the Exchequer has paid out for the ELG bonds as well as the £300 million of preference shares issued by him; and if he will make a statement on the matter. [21983/13]

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• IBRC Liquidation

  xml · EN · 9 May 2013

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