Joan Burton (Dublin West, Labour)
Link to this: Individually | In context

Question 174: To ask the Minister for Finance if, in view of the nationalisation of Anglo-Irish Bank, it is intended to proceed with the sponsorship of the Anglo-Irish Novices Hurdle at the Cheltenham Festival 2009; the amount of sponsorship involved; if it is intended to provide corporate hospitality at the meeting in connection with the race; if so the cost involved; and if he will make a statement on the matter. [5119/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

Anglo Irish Bank is being run on an arms length commercial basis. Accordingly, normal commercial decisions, which include decisions on corporate sponsorship, are a matter for the Board of Anglo.

Notwithstanding this I am informed that Anglo is not sponsoring the Novice Hurdle at Cheltenham this year, nor will there be any corporate sponsorship.