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Ireland · Question · written

PQ 90

90. Deputy Gerry Adams asked the Minister for Finance the process for the appointment by the special liquidator of an independent valuer for IBRC as stipulated in the Irish Bank Resolution Corporation Act 2013; if he will confirm whether these independent valuers will also be allowed to act as independent brokers in the sale of these assets; if he will further confirm whether the independent values of IBRC assets' valuation shall be the fixed valuations upon which he accepts and that no other valuation will be applied by him; if he will confirm that the final discount on all the assets of IBRC overseen by the special liquidator will be on current market value and not long term economic value as was the case in the transfer of assets to the National Asset Management Agency; and if he will make a statement on the matter. [9512/13]

askedIreland· Dáil Éireann· EN

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21 February 2013

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21 February 2013

Summary

90. Deputy Gerry Adams asked the Minister for Finance the process for the appointment by the special liquidator of an independent valuer for IBRC as stipulated in the Irish Bank Resolution Corporation Act 2013; if he will confirm whether these independent valuers will also be allowed to act as independent brokers in the sale of these assets; if he will further confirm whether the independent values of IBRC assets' valuation shall be the fixed valuations upon which he accepts and that no other valuation will be applied by him; if he will confirm that the final discount on all the assets of IBRC overseen by the special liquidator will be on current market value and not long term economic value as was the case in the transfer of assets to the National Asset Management Agency; and if he will make a statement on the matter. [9512/13]

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IBRC Liquidation

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