Brian Cowen (Laois-Offaly, Fianna Fail)

It is important to point out that these issues with Anglo Irish Bank are the subject of various investigations. This is based on information from the Financial Regulator and the due diligence exercised, which was undertaken as part of the planned recapitalisation of the bank. The information was also provided by the new board of the bank. I am confident the new board, appointed by the Minister for Finance, under the chairmanship of Donal O'Connor will follow up on all of these issues. The Director of Corporate Enforcement is also conducting an investigation independently in that respect.

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