Dáil Éireann Debate, Thursday - 19 July 2012
100 Deputy Tony McLoughlin asked the Minister for Finance the reason Government Departments including the Department of Health continue to have their banking business with UK banks when banks bailed out and supported by the tax payer such as AIB and Bank of Ireland are not used by these Departments to conduct their banking business; and if he will make a statement on the matter. [36242/12]
View answerThe only role my Department has in this matter is that the Department of Health sends instructions to my Department requesting the transfer of funds to its EFT/Public Bank Accounts for the purposes of making (1) payments to suppliers and (2) salary payments to its staff. My Department transfers the funds to these accounts via the Central Bank. My Department does not operate commercial bank accounts on behalf of the Department of Health.
