FG: We were misled into backing bank guarantee

FINE Gael claimed it was “misled” by the Government when it supported the bank guarantee two years ago.

The main opposition party last night voted against an extension of the guarantee, despite accepting it was necessary for Bank of Ireland and AIB.

Finance Minister Brian Lenihan said it was a “source of bewilderment” that the guarantee which was supported by Fine Gael in the Dáil two years ago “is now being characterised the root of all our problems”.