IBRC liquidators hand €360m over to State as wind-up nears end

Joe Brennan - The Irish Times - 17:57
Legislation is currently going through the Oireachtas aimed at rolling IBRC into Nama before combined entity is wound up

The liquidators of Irish Bank Resolution Corporation (IBRC), home to the remnants of Anglo Irish Bank and Irish Nationwide Building Society, handed over €250 million of surplus cash to the Exchequer last week, bringing total distributions in recent years to €360 million.

The disclosures were made by Minister for Finance Paschal Donohoe on Tuesday as he published the eleventh annual progress update on the liquidation of IBRC.

It comes as legislation is currently going through the Oireachtas ...
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