Brian Lenihan Jnr (Dublin West, Fianna Fail)

If it is a short supplementary I can continue with the Deputy's questions.

We then have the question of Anglo Irish Bank and the relationship agreement. As I said in my reply, I am not privy to information on who is bidding in the capacity of any information the regulator would give me from the administrator but I am aware, from the chairman of Anglo Irish Bank, that Anglo Irish Bank is naturally anxious to minimise the exposure of the taxpayer in connection with the realisation of any liabilities or security it has over both the wider Quinn group and Quinn Insurance. In that connection, it is preparing a proposal for the consideration of the administrator but that proposal will have to be considered by the administrator of the court and will have to be approved under the relationship agreement by myself and the Government as well.

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