Dáil Éireann Debate, Thursday - 13 March 2014
50. Deputy John McGuinness asked the Minister for Finance if he will confirm if, at any stage in 2008, officials in his Department were aware that a sum of approximately €7 billion was placed in Anglo Irish Bank by Irish Life and Permanent; and if he will make a statement on the matter. [12548/14]
View answerOfficials from my Department have consulted with the Deputy's office and confirmed that the question relates to a transaction between Anglo Irish Bank and Irish Life and Permanent. A reference to a short term placement of €7.5 billion with ILP was contained in the Anglo Irish Bank Annual Report and accounts for the year ended 30 September 2008.
As the Deputy will be aware these are matters that are currently before the courts and the subject of other investigations, as such it would therefore be inappropriate for me or the Department to provide any further information on this matter at this time.
