Two more years to liquidate former Anglo Irish Bank

Former chairman of Anglo Irish Bank, Sean Fitzpatrick. Picture: Collins Courts.
The Government is set to incur expenses of roughly €16m due to a two-year extension of the liquidation deadline for the former Anglo Irish Bank.
The bust bank, which was rebranded as Irish Bank Resolution Corporation (IBRC) in 2011, has been in liquidation since February of 2013.