#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 9°C Saturday 24 October 2020


# ibrc - Thursday 19 June, 2014

Nearly every FOI request about the liquidation of Anglo has been refused

Eleven out of 12 Freedom of Information requests to the Department of Finance about the liquidation of IBRC have been refused. The other was withdrawn.

# ibrc - Friday 6 June, 2014

Here's how much the wind up of IBRC has cost us so far

The details of costs to the State are contained in a report by liquidator KPMG published today

# ibrc - Wednesday 4 June, 2014

Nama is selling the biggest-ever portfolio of Dublin apartments for €160 million

A total of 761 apartments are on the block in the capital, but who’s in the running to buy them?

# ibrc - Friday 30 May, 2014

Informants told IBRC that Quinns have over €500 million hidden away

The Quinn family had disclosed assets of €1 million, but informants have told IBRC it is far beyond that.

# ibrc - Saturday 17 May, 2014

Is the Irish commercial property feeding frenzy a good idea?

Investors are hungry for Irish assets, and they’re not short of cash. But are we underselling ourselves?

# ibrc - Tuesday 13 May, 2014

IBRC can sell Anglo Blackrock Clinic loans says US court

Lawyers for developer John Flynn tried to prevent the proposed loan sale,

# ibrc - Friday 9 May, 2014

400 former IBRC staff will miss out on improved redundancy package

Staff will miss out on a better package negotiated by the LRC last month.

# ibrc - Monday 5 May, 2014

Buying back your IBRC mortgage: what we don't know

The Irish Mortgage Holders Organisation says its members’ needs have been considered last.

# ibrc - Friday 2 May, 2014

Denis O'Brien owned Topaz appoints Brian Cowen as director

A number of O’Brien’s other close associates have also been appointed to the board.

# ibrc - Wednesday 30 April, 2014

Honohan "not happy" about mortgage sales to vulture funds

Central Bank governor says he told the Government of his concerns over protections for mortgage holders.

# ibrc - Friday 25 April, 2014

IBRC is paying us back €12.9 billion

And even more cash could come from IBRC if it sells off the rest of its loan portfolio.

IBRC staff set for redundancy payments of up to €18,000

New payments plan will cover lower paid former workers at Anglo and Irish Nationwide.

# ibrc - Wednesday 9 April, 2014

The government has sold thousands of mortgage owners 'down the river' - Donnelly

Independent TD Stephen Donnelly accused the government of failing to take the welfare of “tens of thousands of men, women and children” into account when selling mortgage loans to US hedge funds.

# ibrc - Monday 7 April, 2014

Independent review to scrutinise decision not to sue KPMG

Sinn Fein finance spokesman urges swift action to ensure statute of limitations not activated.

# ibrc - Wednesday 2 April, 2014

IBRC and NAMA will dump €15 billion worth of loans this year - report

Stress tests may encourage banks to offload loan books.

# ibrc - Tuesday 1 April, 2014

90 per cent of IBRC's loan book has now been sold, following 'Project Stone' deal

Deals have been done on two huge batches of loans: ‘Project Stone’ which is worth over €9 billion, and ‘Project Sand’ worth almost €2 billion.

# ibrc - Wednesday 5 March, 2014

Paddy McKillen has repaid loans owed to the former Anglo Irish Bank

IBRC’s liquidators also announced four sales of loan assets worth €1.25 billion.

# ibrc - Tuesday 4 March, 2014

‘Considerable protections already apply to people who are in mortgage difficulties’

Despite Fergus O’Dowd’s criticism of the Fianna Fáil’s bill, the government will not oppose its passage.

# ibrc - Saturday 1 March, 2014

Column: Fears surrounding the IBRC mortgage book are overhyped

Some IBRC mortgage holders have concerns about about being left without protection if the Government proceeds with the sale of their loans abroad – but they shouldn’t be, writes Karl Deeter.

# ibrc - Wednesday 26 February, 2014

Anglo’s liquidators ‘very pleased’ with sale of €7 billion UK loan book

A US investment fund and a consortium linked with Bain Capital are the buyers.

# ibrc - Tuesday 25 February, 2014

IBRC mortgage holders will still be protected under new deal

Concerns had been expressed about the sale of these mortgages leaving families vulnerable but bidders have agreed to sign up to the Central Bank’s code of conduct.

# ibrc - Thursday 20 February, 2014

Noonan says 'legal reasons' prevent him intervening in IBRC mortgage sale

Homeowners who had their loans with IBRC are said to be anxious, but the Finance Minister says he cannot get involved.

# ibrc - Saturday 15 February, 2014

Sunbeds, Prince Harry, and Superquinn sausages: The week in numbers

Plus: What percentage of teenagers have received a sexual message online?

# ibrc - Tuesday 11 February, 2014

Concern from homeowners as 13,000 IBRC mortgages to be sold

Deputy Stephen Donnelly appealed to the Finance Minister to allow families to bid for their own homes at market value.

# ibrc - Monday 3 February, 2014

NAMA redeems €750m in senior bonds from IBRC liquidation

It brings the total amount of these bonds redeemed to €1.75 billion.

# ibrc - Thursday 16 January, 2014

Noonan: Lists of high-profile Anglo borrowers are ‘to avoid preferential treatment’

Lists of politically exposed persons (PEPs) or high-profile persons (HPPs) were compiled before the bank, now known as Irish Bank Resolution Corporation, was liquidated nearly a year ago.

# ibrc - Wednesday 18 December, 2013

Here’s What Happened Today: Wednesday

Everybody’s talking about the bad weather, bankers charged with €7.2 billion fraud, and Ian Watkins sentenced to 35 years in prison.

IBRC granted bankruptcy protection in United States

The special liquidators of IBRC say the move will help them to sell IBRC assets based in the US and use the money to pay creditors.

# ibrc - Friday 13 December, 2013

Former Anglo loans worth €2.5bn to be sold as part of 'Project Evergreen'

The sales process has now been concluded and represents the first portfolio of loans by IBRC brought to market.

# ibrc - Wednesday 4 December, 2013

NAMA meets 'major milestone' with redemption of €500m in senior bonds

The bonds redemmed were issued as consideration for loans acquired from financial institutions in 2010 and 2011.

Investor compensation fund able to deal with future significant company failures

In its annual report, the Investor Compensation Company Limited said 2013 was ‘challenging’ due to payouts to IBRC and CHC.

# ibrc - Tuesday 26 November, 2013

High Court dismisses TD's challenge to Anglo promissory note deal

Joan Collins TD had claimed that the deal was unconstitutional because it gave the Minister for Finance open ended power to approve the payments without Dáil approval.

# ibrc - Monday 11 November, 2013

Former IBRC chiefs file legal action against Independent News & Media

Alan Dukes and Mike Aynsley have taken issue with the Irish Independent’s report on the IBRC’s Statement of Affairs last month.

# ibrc - Sunday 27 October, 2013

The 9 at 9: Sunday

Good morning. Here are the nine stories you need to know this morning.

# ibrc - Friday 11 October, 2013

Today is the deadline for bidders to buy IBRC loans

IBRC is being liquidated and selling some of its loans which have a value of €3.5 billion.

# ibrc - Tuesday 8 October, 2013

US court hears IBRC overcharged some customers for 14 years

The IBRC’s special liquidator said that affected customers had been refunded.

# ibrc - Sunday 29 September, 2013

Anglo Tapes: Drumm admits €6 billion was being sent "around in a circle"

Former Anglo CEO David Drumm can be heard admitting he knew the lender was circulating the money between it and Irish Life & Permanent.

# ibrc - Thursday 26 September, 2013

The 9 at 9: Thursday

Good morning! Here are nine things you want to know as you start your day.

# ibrc - Wednesday 11 September, 2013

Union representing IBRC staff to meet with LRC chief Kieran Mulvey next week

The Irish Bank Officials Association says that the meeting is evidence of the legitimacy of IBRC staff’s claims over redundancy packages being cut.

# ibrc - Thursday 29 August, 2013

PICS: Locals lock themselves inside Kildare farm to prevent repossession Kennycourt Stud Farm This post contains images

PICS: Locals lock themselves inside Kildare farm to prevent repossession

The locals padlocked themselves inside Kennycourt Stud Farm in Brannockstown to prevent 10 gardaí and six security guards from entering the site.