Results 8,021-8,040 of 16,537 for speaker:Brian Lenihan Jnr

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I assure him that my officials briefed me extensively on this report and on the risks associated with all the institutions concerned. I received extensive briefings on all six financial institutions.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: There were different stresses, strains and risks associated with all six. I read large amounts of this report in considerable detail.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: As I have pointed out throughout this debate, this issue was not identified in the report as a risk factor.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: In January, when the issue was drawn to my attention as a risk factor, I took immediate action in regard to it, as any Minister would do.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I can assure Deputies that there was no prejudice to the State, with regard to the report, in the intervening period. Deputy Burton asked a large number of questions.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: No, the Taoiseach did not receive a copy of the PricewaterhouseCoopers report.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: Several copies were prepared for my officials. It is not the Book of Kells.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: It was circulated at official level within the Department of Finance.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: It was not circulated——

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: It was not circulated——

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: It was not circulated to the Taoiseach or to other Ministers. I returned any copies I received because I was conscious of the confidential character of the information involved.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I do not have information to hand to indicate how many copies of the report exist.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I am sure we can find out that for the Deputy, if he is anxious to know.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I assure the House that my officials have studied the report with great assiduity and that I have been briefed on its contents in extensive detail.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: That is an important question. I am glad it has been asked because it gives me an opportunity to put on the record of the House the fact that there is no evidence of similar transactions in the Irish banking system. Before the Government at present is the important question of the capitalisation of the Bank of Ireland and the Allied Irish Banks. If there is one disappointing feature of...

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: Indeed. If there is one disappointing feature of this whole debate, it is that this story will distract from the importance of stabilising these institutions.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I refer to the two banks of greatest systemic importance to our economy and our country. The Government will announce its decision on those two banks imminently.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: There were too many of them.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: I will, on another occasion.

Financial Transactions (11 Feb 2009)

Brian Lenihan Jnr: Deputy Ó Caoláin opened his questions by referring to the exposure to the taxpayer. I assure the House that there has been no taxpayer exposure whatsoever to date at Anglo Irish Bank.