Brian Lenihan Jnr (Dublin West, Fianna Fail)

So be it, but the directors were elected by the depositors. That is the model.

On the interest that has been expressed in the Educational Building Society, I understand the National Treasury Management Agency has finalised a list of two preferred bidders. I have yet to see its submission but I understand it has prepared one in that regard. The Educational Building Society will continue to be examined and benchmarked against the possibility of a straightforward State investment because that is the third option for the society.

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