Oireachtas Joint and Select Committees
Thursday, 15 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Sean Barrett (Independent)
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I welcome the Governor of the Central Bank, my former colleague in Trinity College Dublin, TCD, and I thank him for his report and presentation.
What the Governor refers to as the window dressing is when there were back-to-back deposit transactions between a subsidiary of Irish Life and Permanent and Anglo Irish Bank for €7 billion to make Anglo Irish Bank's books look better. Did the Central Bank sanction that?