Icelandic Investments.

Dáil Éireann Debate, Thursday - 16 October 2008

Thursday, 16 October 2008

Questions (9, 10)

Ciaran Lynch

Question:

9 Deputy Ciarán Lynch asked the Tánaiste and Minister for Enterprise, Trade and Employment if public bodies here have invested funds in Icelandic financial products; the status of such investments; and if she will make a statement on the matter. [35506/08]

Written answers

Tánaiste and Minister for Enterprise, Trade and Employment (Deputy Mary Coughlan)

The question of where individual investments are made by the Agencies coming under the remit of my Department is a day-to-day matter for the Agencies concerned and would not be a matter over which I exercise any functions. Nonetheless, I understand that none of my Department's Agencies has any investments in Icelandic financial products.

Ciaran Lynch

Question:

10 Deputy Ciarán Lynch asked the Minister for Finance if public bodies here have invested funds in Icelandic financial products; the status of such investments; and if he will make a statement on the matter. [35195/08]

Minister for Finance (Deputy Brian Lenihan)

In response to the Deputy's question none of the bodies under the remit of my Department have funds invested in Icelandic financial products.