Written answers
Thursday, 16 October 2008
Department of Social and Family Affairs
Icelandic Investments
7:00 pm
Ciarán Lynch (Cork South Central, Labour)
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Question 103: To ask the Minister for Social and Family Affairs 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. [35510/08]
Mary Hanafin (Dún Laoghaire, Fianna Fail)
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Neither the Department nor the agencies under the aegis of the Department have invested any funds in Icelandic financial products.
Ciarán Lynch (Cork South Central, Labour)
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Question 104: To ask the Minister for Defence if public bodies here have invested funds in Icelandic financial products; the status of such investments; and if he will make a statement on the matter. [35504/08]
Willie O'Dea (Limerick East, Fianna Fail)
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No public bodies under the aegis of my Department have invested funds in Icelandic financial products.
Ciarán Lynch (Cork South Central, Labour)
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Question 105: To ask the Minister for the Environment, Heritage and Local Government if local authorities and public bodies here have invested funds in Icelandic financial products; the status of such investments; and if he will make a statement on the matter. [35195/08]
John Gormley (Dublin South East, Green Party)
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Banking and investment arrangements with financial institutions for the prudent management of money are matter for individual local authorities under section 98 of the Local Government Act 2001. Following enquiries made my Department, I am advised that local authorities and bodies that come under the aegis of my Department do not have funds invested in Icelandic financial products.
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