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Banking Operations

Dáil Éireann Debate, Thursday - 19 January 2017

Thursday, 19 January 2017

Questions (80)

Catherine Murphy

Question:

80. Deputy Catherine Murphy asked the Minister for Finance if he and-or his officials consulted with any parties connected with a legal action against a bank (details supplied) by persons connected with a group of hedge funds; and if he will make a statement on the matter. [2258/17]

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Written answers

I am aware that my officials were in contact with the Deputy's office to confirm the identity of two parties to which the question refers.

As far as I am aware, neither I nor my officials have consulted with the two parties or their representatives, as identified by the Deputy's office, in relation to legal action taken by these parties against the bank referred to in the question.

Given that the legal action against the bank referred to in the question would have impacted on the Department of Finance, I can confirm that the Department of Finance did take advice from its legal advisors in relation to this matter.

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