Dáil Éireann Debate, Tuesday - 7 March 2023
235. Deputy Jim O'Callaghan asked the Minister for Finance whether the terms of the settlement entered into by the special liquidators of IBRC with a company (details supplied) can be disclosed; and if he will make a statement on the matter. [11144/23]
View answerI am advised by the Special Liquidators of IBRC that as a consequence of a mediation which took place on 23 January 2023, IBRC and EY agreed to settle the proceedings on confidential terms, without admission of liability. It was agreed that the proceedings will be discontinued by the Special Liquidators with no further order. The terms of the settlement are confidential and their disclosure is the subject of a contractual restriction.
