Dáil Éireann Debate, Wednesday - 8 February 2012
47 Deputy Clare Daly asked the Minister for Finance if he will, holding ownership of AIB for the Irish people and holding a major shareholding in Bank of Ireland, inform Dáil Éireann of the amount of Government bonds swapped by each institution on 25 January 2012. [7136/12]
View answerAs the Deputy will be aware, notwithstanding the fact that the State is a significant shareholder in the institutions in question, the banks are run on a commercial basis and the Government does not interfere in the day-to-day commercial decisions taken by the board and management of the banks. The matter referred to in the Deputy's question is an operational matter for the banks in which I, as Minister, have no role. The information is considered commercially sensitive and is not publicly disclosed.
