Oireachtas Committee to question Anglo bosses today

The head of Anglo Irish Bank and the bank's chairman will be questioned by an Oireachtas Committee today about the nationalisation of the bank.

Earlier this year, the now State-owned bank reported a loss of €12.7bn for the 15 months to the end of December 2009, the largest loss in Irish corporate history, after charging €15bn to cover bad debts.

This meeting will afford members of the Committee the opportunity to question Mr Aynsley and Mr Dukes on the nationalisation of the bank, the risks involved, the bank’s current status and the options for its future.

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