BoI staff told of Anglo insolvency ‘should tell gardaí’

ANYONE in Bank of Ireland who was told that Anglo Irish Bank was insolvent prior to the bank guarantee scheme being announced in September 2008 should report the issue to the gardaí, Brian Lenihan has said.

The Finance Minister was reacting to a claim in an RTÉ documentary that Bank of Ireland was approached by Anglo senior management early on September 29, 2008, because the latter was in massive trouble.

The documentary reported that Anglo officials requested Bank of Ireland take over the troubled institution because it was insolvent. According to the documentary, Bank of Ireland refused the request.