Deposit box owners sought

Seamus Fahy and David Walsh of Merrion Private Vaults.

There are 24 safety deposit boxes that could be containing anything from deeds to diamonds languishing in the hands of the IBRC special liquidators.

It has emerged in response to parliamentary questions from Labour’s Kevin Humphreys that safety deposit boxes sitting in the former Anglo Irish vaults have yet to be claimed.

Finance Minister Michael Noonan said they were working to try and establish to whom the boxes belonged.

“I have been advised by the special liquidators that there were 24 safety deposit boxes in use when the special liquidators were appointed to IBRC. The special liquidators are currently reconciling the safety deposit boxes to determine ownership.”

The special liquidator, KPMG, declined to comment on the safety deposit boxes or what it was doing to track down the rightful owners.

The news of the orphan boxes came as Merrion Private Vaults launched a vault in Dublin for people to place their valuables for €350 a year.

The new service was launched by Seamus Fahy from Limerick and David Walsh from Cork who said that they are creating vaults with a sophisticated security systems to ensure that access to any box is limited to the authorised person only.

The new Merrion Private Vaults will open in September and the company is currently taking bookings for the several thousand boxes which come in five sizes.


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