Olivia Mitchell (Dublin South, Fine Gael)
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Question 48: To ask the Minister for Finance if his attention has been drawn to the fact that Anglo Irish Bank is tendering for new IT systems and the way this can be justified in view of the stated intention to wind down that bank; and if he will make a statement on the matter. [5470/11]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy is aware, the day to day running of the bank's operations is a matter for the Board of Anglo Irish Bank. However, the Bank has confirmed that it's tendering does not focus on new I.T. systems other than what is required to maintain the Bank's business and provide essential I.T. maintenance services to support its existing infrastructure and systems. The maintenance of these existing systems is necessary for the Bank to effectively manage its requirements under the Restructuring plan currently under consideration by the European Commission.