Written answers
Thursday, 9 July 2009
Department of Finance
Banking Sector
12:00 pm
Ciarán Lynch (Cork South Central, Labour)
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Question 123: To ask the Minister for Finance if, in view of the public attention surrounding the examinership of a company (details supplied) and the issues relating to depositors and the potential that finances required to fund the scheme of arrangement proposed by the examiner will emanate from Anglo Irish bank, he will ensure that the bank and the company will act in the wider public interest and with due regard to persons who paid deposits for dwellings which will not be built; and if he will make a statement on the matter. [29237/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As the Deputy is aware Anglo Irish Bank is being run on a commercial basis and at arms length from Government. Decisions of a commercial nature, such as this, are a matter for the Bank. Further, as the matter which the Deputy refers is subject of Court proceedings it would not be appropriate for me to comment.
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