Anglo asked to reconsider legal privilege

THE Minister for Finance has asked the board of Anglo Irish Bank to reconsider its assertion of legal privilege over some electronic documents seized by the Director of Corporate Enforcement for his investigation into the bank, the Commercial Court heard yesterday.

Anglo asked to reconsider legal privilege

The electronic material and data relates to some 20 persons, employees of the bank, and covers the period January 2008 to February 2009.

The court heard yesterday the Anglo board had that morning received a reply from the Minister Brian Lenihan to its letter sent to him after Mr Justice Peter Kelly had urged the bank “at the highest level” to look again at whether it should maintain the assertion of legal professional privilege (LPP) over some documents in circumstances where that claim was delaying the director’s investigation.

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