Independent TD Catherine Murphy is preparing to mount a motion in the Dáil next week to force Finance Minister Michael Noonan to address claims that he withheld details about the sale of Siteserv.

The former chief executive of IBRC has claimed Finance Minister Michael Noonan should extend the Siteserv probe to include multi-million euro debt write-downs by AIB and Nama if he really wants to uncover the full depth of the situation.

Legal proceedings by three former executives of the Irish Bank Resolution Corporation against their former employer have been adjourned at the High Court.

ONE of the main criticisms of Nama when it was set up was that the Government had created a monster that lacked transparency and accountability. As of Wednesday night, it got a whole lot bigger. However, the circumstances of the merger with IBRC means there is unlikely to be the same backlash.

The revelations this week of what the top brass at banks get in their pensions sparked outrage. But the banks should not be swayed by public anger into pursuing former executives for recovery of funds lost, writes Kyran Fitzgerald

Half a dozen people at IBRC — formerly Anglo Irish Bank — earn pay and pension packages in excess of €500,000 a year, it has emerged.

The Irish Bank Resolution Corporation will only know what the implications of a restructuring of the €29bn in promissory notes will have on the bank when the deal is finalised, chief executive Mike Aynsley told the Oireachtas Finance Committee yesterday.

The Irish Bank Resolution Corporation could potentially return €8bn to the taxpayer when it is eventually wound up, the bank’s chairman, Alan Dukes, told the Oireachtas finance committee.

The Quinn family have been continually dishonest in their dealings with the Irish Bank Resolution Corporation and “lined their pockets” throughout the process, the bank’s chief executive, has claimed.

THE chief executive of IBRC Mike Aynsley has a few mementoes of his homeland decorating the bank’s headquarters in Dublin.

In a way this is the most straightforward set of results IBRC chief executive Mike Aynsley has had to deliver since he took the top job at the beleaguered institution.

The former Anglo Irish Bank has recorded losses of almost three-quarters of a billion euros in the first six months of the year.

The Irish Bank Resolution Corporation (IBRC) has launched legal proceedings against former Irish Nationwide Building Society boss Michael Fingleton.

Irish Bank Resolution Corporation boss Mike Aynsley yesterday defended his remuneration package of €866,000, saying he felt it represented value for money.

Disgraced former Irish Nationwide boss Michael Fingleton is facing potential lawsuits as the State seeks the return of a €1m bonus.

The Chief Executive of IBRC is defending his €866,000 salary and benefits package.

The former Anglo-Irish Bank, the Irish Bank Resolution Corporation (IBRC), has reported pre-tax losses of €873m for last year.

BANKRUPT business tycoon Seán Quinn has been ordered to repay €1.7bn in debts to the former Anglo Irish Bank following court action he described last night as “pointless, self-serving and vindictive”.

IRISH banks should be run by new people, and not those in charge during the banking crisis, in order to rebuild public confidence, Anglo Irish Bank chief executive Mike Aynsley has said.

The Chief Executive of Anglo Irish Bank has questioned the value of burning senior bondholders at the bank.

ANGLO Irish Bank, which has cost the taxpayer almost €30 billion in bailouts, is facing multi-million euro court cases from disgruntled investors in Ireland, Britain and the United States.

One of the most notorious symbols of Ireland’s economic boom and bust has been torn down.

FOUR years ago Seán Quinn was Ireland’s richest man. Now he faces the prospect of bankruptcy.

ANGLO Irish Bank’s chief executive has said there is “no doubt” there will be some write-off of the near €3 billion that it is owed by Seán Quinn and his family.

Anglo Irish Bank chief executive Mike Aynsley said today that he does not expect that the institution will need any more financial support from the State.

BANKS and insurance companies will have to pay tens of millions of euro in compensation to customers when up to 20 investigations into overcharging are completed by the Financial Regulator in the coming months.

TWO new whistle-blowers have emerged from within the Irish banking establishment to outline overcharging on a massive scale which could result in a €100 million payback to bank customers.

THE taxpayers’ bill for bailing out Anglo Irish could be as high as €39 billion, the bank’s chairman Alan Dukes has conceded.

IRISH banks are at the bottom of the world league competitiveness table, according to a survey of 139 countries.

FINANCE Minister Brian Lenihan has admitted that his department’s new plan for Anglo is effectively a wind-down of the toxic bank.

ANGLO Irish Bank has reported major losses for the first six months after setting aside €8.3 billion to deal with loan losses.

ANGLO Irish Bank wants the Government’s bank guarantee scheme to be extended beyond its current deadline of December to allow for the full stabilisation of the economy.

ANGLO Irish Bank chief executive Mike Aynsley said he does not believe the bank should be wound down because it holds an international funding platform of around €50 billion and that would not migrate to an asset recovery company.

FORMER Anglo Irish Bank chief executive, David Drumm, has made a series of proposals to the bank to try to settle its action against him aimed at securing repayment of loans of more than €8 million, the Commercial Court has heard.

THE cost of winding down Anglo Irish Bank, over a 12-month period, would amount to at least €40 billion, a Dáil Committee has heard.

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.

THE European Commission are to begin an “in-depth investigation” into the Anglo Irish Bank bailout after it emerged the bank will require an additional €9 billion in state funding – bringing the total cost of the rescue to more than €3,000 for each man, woman and child in Ireland.

Former Anglo finance director Willie McAteer remains in Garda custody this morning following his arrest yesterday.

ANGLO Irish Bank has ended its eight and a half month period without a chief executive by appointing Australian national Mike Aynsley to its top job.

Anglo Irish bank has appointed an Australian as its new chief executive.