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The former taoiseach has given an interview to TG4 which is due to air next week.
Enda Kenny has bemoaned the “paucity” of documentation in his Department related to the previous government’s decision to issue a bank guarantee in September 2008 but won’t say if record-keeping methods have changed.
Over €5 million has been spent with one legal firm alone since 2011 on advice related to the controversial bank guarantee scheme of 2008.
Changes to Freedom of Information (FOI) rules mean government deliberations from five-years-ago will be available on request.
Enda Kenny has revealed that their is no exhaustive record of who visited his Department during the period leading up to the State guarantee of the banks nearly five years ago.
The Taoiseach did not directly address a question about seeking oral or written recollections from seven senior staff in his department who worked there during the period of the bank guarantee five years ago.
The government continues to insist that there are no documents in existence which explain the rationale behind the decision to guarantee the banks in September 2008.
The Fianna Fáil leader has defended the actions of his predecessors in an interview this morning.
The Sinn Féin finance spokesperson has said while release of the tapes is in the public interest there are questions to answer about how they got to the Irish Independent.
Three years before the bank guarantee, the then-CEO was talking up Anglo’s hiring policy and describing the outlook for Ireland as ‘very positive indeed’.
The Irish Association of Alcohol and Addiction Counsellors has confirmed that it has accepted the resignation of Peter Fitzgerald.
The Justice Minister said today that former Anglo executives had ‘no insight’ into the impact of the bank’s collapse.
The bank’s former chief executive David Drumm discusses strategy with head of capital markets John Bowe ahead of a crucial meeting with the authorities in September 2008 in the latest Irish Independent tapes.
New figures show Ireland’s banks are now less reliant on emergency loans than at any other time since September 2008.
Ireland will still guarantee bonds issued by banks since 2010, but will no longer guarantee new bonds or high-level deposits.
Bank of Ireland’s annual report reveals a minor pay increase for Richie Boucher, despite pre-tax losses of €2.17 billion.
Looking to the year ahead, its chief executive, Richie Boucher, said that “taxpayers are very much in the money with regard to Bank of Ireland.”
With the Bank Guarantee set to end next month, is Ireland’s economy finally stabilising?
Here’s all the things we learned, loved and shared today.
The Minister said that this marks a significant step in the normalisation of the Irish banking system.
The latest figures show usage of the ECB’s refinancing facilities by the Irish covered banks dropped €13 billion in December.
The approval is seen as routine and may be the last extension, with the possibility of a withdrawal early next year.
James Reilly will today tell an Oireachtas committee about the funding challenges the health service will face in 2013.
The almost entirely State-owned bank raises €500 million by selling a bond which is not guaranteed by the government.
New figures show the seven banks covered by the State’s guarantees have returned €3.36 billion so far.
Sinn Féin protested at AIB’s O’Connell St branch – while the Occupy movement moved into Grafton St – to protest the move.
The Department of Finance says increases in deposits at Ireland’s covered banks demonstrate “depositor confidence”.
IBRC, or the bank formerly known as Anglo, is making steady progress towards an orderly wind down.
“We are where we are” and “we all partied”. We look back at those turbulent two years that led us towards Ireland’s current economic state.
Two Oireachtas committee are vying for the chance to investigate the bank guarantee four years ago but should politicians be allowed to scrutinise the decision in the first place?
Fianna Fáil says the Taoiseach is “throwing out conspiracies like a man standing at a bar at a pub”.
Is there a turf war between the Public Accounts Committee and the Finance Committee on who’s going to do the digging? And what about revisiting the Oireachtas inquiries referendum?
That is, according to the Public Accounts Committee, which wants to hold a public inquiry into the collapse of Ireland’s banking sector.
We don’t commemorate much, writes Fergus O’Connell. But we should remember the bank guarantee – and the people who brought us to that point.
Enda Kenny said today there was no file in the Department of Taoiseach related to the discussions surrounding the bank guarantee of September 2008, suggesting it may have been shredded.
Sinn Féin has welcomed a call from the governor of the Central Bank for distressed banks to be directly recapitalised from EU funds.
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