PQ 81
81. Deputy Catherine Murphy asked the Minister for Finance if the former Irish Bank Resolution Corporation extended a €10 million credit facility to an entity which was already heavily indebted to it (details supplied) at any point between 2010 and its sale in 2012; if he will confirm that all due diligence procedures were followed in advance of the forwarding of this line of credit; if this €10 million or outstanding portion thereof was specifically recovered through the sale of the entity concerned or if the money was written down entirely at that point; and if he will make a statement on the matter. [12621/15]
Introduced
26 March 2015
Last action
26 March 2015 · IBRC Operations
Status
written
Sponsors
Murphy, Catherine.
Subjects
Discovery layer
Source updated
26 March 2015
Summary
81. Deputy Catherine Murphy asked the Minister for Finance if the former Irish Bank Resolution Corporation extended a €10 million credit facility to an entity which was already heavily indebted to it (details supplied) at any point between 2010 and its sale in 2012; if he will confirm that all due diligence procedures were followed in advance of the forwarding of this line of credit; if this €10 million or outstanding portion thereof was specifically recovered through the sale of the entity concerned or if the money was written down entirely at that point; and if he will make a statement on the matter. [12621/15]
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Timeline
26 March 2015
IBRC Operations
81. Deputy Catherine Murphy asked the Minister for Finance if the former Irish Bank Resolution Corporation extended a €10 million credit facility to an entity which was already heavily indebted to it (details supplied) at any point between 2010 and its sale in 2012; if he will confirm that all due diligence procedures were followed in advance of the forwarding of this line of credit; if this €10 million or outstanding portion thereof was specifically recovered through the sale of the entity concerned or if the money was written down entirely at that point; and if he will make a statement on the matter. [12621/15]
Source: written
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Documents
1 official file
IBRC Operations
IBRC Operations
xml · EN · 26 March 2015
Sponsors
- Murphy, Catherine. · Asking member
- Finance · Finance · Addressed to
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Sources
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- Official source: https://www.oireachtas.ie/en/debates/question/2015-03-26/81/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2015-03-26/pq_81
- ireland · q-2015-03-26-pq_81 · source updated 26 March 2015