Dáil debates
Thursday, 1 April 2010
Banking System: Statements
1:00 am
Kieran O'Donnell (Limerick East, Fine Gael)
I am looking at the Minister's speech on Tuesday, where he said: "I am providing €8.3 billion this week to support the capital position." Did the Minister give a commitment to Anglo Irish Bank in December that it would get €8.3 billion? In other words, was the commitment given long before he came into the House, because the accounts show €8.3 billion in terms of share capital at the end of December and the chairman's report is basically stating that the Minister committed to providing €8.3 billion. That was not what was conveyed in the Minister's speech, however. At the least, he was economical with the facts and I should like to get clarification in that regard.
How much will Allied Irish Banks cost the taxpayer in extra funding over and above——
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