Written answers

Wednesday, 5 October 2011

Department of Finance

Departmental Reports

9:00 pm

Photo of Niall CollinsNiall Collins (Limerick, Fianna Fail)
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Question 16: To ask the Minister for Finance the reason he has not published the reports by McCann Fitzgerald and Ernst & Young into legacy issues at Irish Nationwide Building Society and his plans to publish same; and if he will make a statement on the matter. [27616/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The reports by Ernst & Young and McCann FitzGerald concerning Irish Nationwide Building Society have been furnished to my Department are at this point of an interim nature, are confidential, and subject to legal privilege. These reports have been provided to the Central Bank of Ireland, as well as to the Department of Finance, and the work in relation to them is continuing. . In view of the sensitive nature of the reports and their potential, if made public, to prejudice any future actions that may arise, I do not propose to publish the reports referred to at this time.

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