Written answers

Thursday, 16 October 2008

Department of Social and Family Affairs

Icelandic Investments

7:00 pm

Photo of Ciarán LynchCiarán 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]

Photo of Mary HanafinMary 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.

Photo of Ciarán LynchCiarán 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]

Photo of Willie O'DeaWillie 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.

Photo of Ciarán LynchCiarán 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]

Photo of John GormleyJohn 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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