Dáil debates

Thursday, 30 September 2010

Announcement by Minister for Finance on Banking of 30 September 2010: Statements

 

10:30 am

Photo of Michael NoonanMichael Noonan (Limerick East, Fine Gael)

The Minister might go through that again in his reply.

The capital assessment of Anglo Irish Bank is a moving target and it has moved a lot since the day the Minister told us, when we nationalised it, that the outside hit would be €4.5 billion. I thought the Minister would have more certainty on the figure. There is considerable discretion in the range €29 to €34 billion. Why can the Minister not be more precise at this stage?

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