Lenihan denies Cabinet split on Anglo Irish Bank

Lenihan denies Cabinet split on Anglo Irish Bank

Finance Minister Brian Lenihan is today insisting that there is no rift within Cabinet about what to do with Anglo Irish Bank.

The now nationalised bank was top of the agenda at today's first meeting of Cabinet since the summer break.

The Green Party had been demanding the bank, which reported another set of massive losses yesterday, be quickly wound up.

Fianna Fáil Ministers had been arguing the process would have to take many years in order to get better value for the taxpayer.

“There is complete unity of purpose in the Government,” said Lenihan. “I’m the accountable Minister in this matter, and I’m quite satisfied at the confidence of my colleagues in this matter.”

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