Brian Cowen (Laois-Offaly, Fianna Fail)

The situation is that the Government has made clear the arrangements in respect of our position regarding the filling of a position of a CEO in line with the decisions that we communicated in March. That is the position. The board brought forward the name of the person it felt to be the person best qualified, given all of the choices that it had based on those who were available to do so, to run the bank. An issue came into the public domain this morning before the Minister for Finance had given proper consideration to it or been given an opportunity to consider it. He has now communicated to the bank the position that he holds, supported by the Government, and we now await developments in that respect.

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