Oireachtas Joint and Select Committees
Wednesday, 8 October 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
European Stability Mechanism (Amendment) Bill 2014: Committee Stage
5:20 pm
Michael Noonan (Limerick City, Fine Gael)
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This is the point of disagreement with me. Money was not borrowed to put into Anglo Irish Bank. The Anglo debt was underpinned by a promissory note, which basically was an IOU.