Written answers

Tuesday, 26 March 2013

Department of Finance

State Banking Sector

Photo of Shane RossShane Ross (Dublin South, Independent)
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To ask the Minister for Finance the way he intends to cast his votes representing 15% of the shared capital, on behalf of the taxpayer, on each resolution individually due for decision at the Bank of Ireland AGM on 24 April; and if he will make a statement on the matter. [14977/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware the Bank of Ireland has only issued the documentation for the Annual General Court on 24 April in the last couple of days. My Department will fully peruse all the documentation before deciding the appropriate vote for each of the resolutions and as always, will vote in the best interest of the State and to maximise the return to the taxpayer of the funds invested in the Bank.

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