Fees for liquidation of IBRC top €220 million

Concerns have been raised about the costs incurred during the winding down of IBRC by the Fianna Fáil TD and PAC member Marc MacSharry

The Public Accounts Committee (PAC) looks set to investigate the “eye-watering” fees charged for liquidation of the former Anglo Irish Bank which have now reached more than €220 million.

Concerns have been raised about the costs incurred during the winding down of IBRC, the bank established to wind down the defunct Anglo Irish and Irish Nationwide, by the Fianna Fáil TD and PAC member Marc MacSharry.

Through a series of parliamentary questions, MacSharry ...