Dáil Éireann Debate, Thursday - 12 February 2009
91 Deputy Richard Bruton asked the Minister for Finance if he has issued instruction to Anglo Irish Bank in relation to its terms of employment, use of outside public relation agencies and consultants and so on in line with the general orders that he is making in order to secure savings in public spending; and if he will make a statement on the matter. [5392/09]
View answerAnglo Irish Bank is being run on an arms length commercial basis. Accordingly, normal commercial decisions, which include decisions on use of outside public relation agencies and consultants, are matters for the Board of Anglo.
The Board of Anglo is preparing a comprehensive business plan which will be required to demonstrate how the board will oversee the continued commercial operation of the bank in the best interests of the bank, its customers and the State.
