Written answers
Thursday, 16 October 2008
Department of Health and Children
Icelandic Investments
7:00 pm
Ciarán Lynch (Cork South Central, Labour)
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Question 42: To ask the Minister for Health and Children if public bodies here have invested funds in Icelandic financial products; the status of such investments; and if she will make a statement on the matter. [35508/08]
Mary Harney (Dublin Mid West, Progressive Democrats)
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The Public Bodies under the aegis of and funded by my Department, have informed my Department that they have not invested funds in Icelandic financial products.
Funding for these agencies is made available in accordance with allocations notified to them, to enable them to carry out their statutory functions and it would therefore not be in accordance with policy to provide cash to them for investment purposes.
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