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Judge is to monitor IBRC review
27 Apr 2015 18:06
The Minister for Finance has announced the Terms of Reference for a review of certain transactions carried out by the Irish Bank Resolution Corporation (IBRC), prior to the appointment of the special liquidators.
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Michael Noonan has also appointed retired High Court Judge Mr Justice Iarfhlaith O'Neill "to monitor any actual or perceived conflicts of interests".
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Mr Noonan said that in light of recent concerns regarding the Siteserv transaction and other deals undertaken by IBRC he has "directed the Special Liquidators of IBRC to review all transactions which occurred between 21 January 2009, the date of the nationalisation of IBRC, and 7 February 2013, the date of the appointment of the Special Liquidators to IBRC”.
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