Joan Burton (Dublin West, Labour)
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Was the view of the bank at the time influenced by the fact that the bank had just relatively recently been rescued by the State with tremendous sums of public money being injected into it, along with guarantees? Was it entirely just about the value of the business or did it come down perhaps to the bank taking a view on the fact that it had very significant deposits offshore which gave rise to tax liabilities in the Revenue examinations and which were not declared? Given that the bank was effectively dependent on the State, was it an influencing factor in the decision-making at the time?