Opposition tells Taoiseach to come clean on Anglo

OPPOSITION leaders have demanded Taoiseach Brian Cowen comes clean on what the Government knew about the extraordinary steps taken to stabilise Anglo Irish Bank throughout last year.

Fine Gael leader Enda Kenny said the public deserved to know why the €7 billion back-to-back loan from Irish Life and Permanent and €300m loans to Anglo’s investors were emerging the month after the bank was nationalised.

During Leaders’ Questions Mr Kenny said the public was being asked to have faith in a banking system undermined by “rumour, allegation and fact”.