PAC gets files covering night of bank guarantee

POLITICIANS probing the bank guarantee have obtained up to 40 files on ministers’ meetings, legal advice and the role of banks on the night the state assurance on deposits was agreed.

The Department of Finance has released a series of documents about the moments leading up to the night of September 29, 2008, when the contentious guarantee was agreed by Government.

The Irish Examiner has learnt that the documents include a series of correspondence by date, including with a number of ministers who met in the department, legal advice received about the guarantee, as well communication from the banks.