Central Bank of Ireland Investigations

Dáil Éireann Debate, Tuesday - 11 June 2013

Tuesday, 11 June 2013

Questions (175)

Pearse Doherty

Question:

175. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 80 of 21 May 2013, when he expects the Central Bank of Ireland's administrative sanctions procedure into historic lending practices at Irish Nationwide Building Society to conclude. [26972/13]

Written answers

Minister for Finance

I have been advised by the Central Bank that the investigation is on-going but that for legal reasons, including the Bank’s confidentiality obligations pursuant to section 33AK of the Central Bank Act 1942, no further details can presently be disclosed.