Banking Inquiry: Press release drafted six hours before guarantee
A senior official with the Department of Finance at the time confirmed the situation during the latest meeting of the Oireachtas bank inquiry yesterday.
Responding to revelations from Labour senator Susan O’Keeffe that department officials received an email from the Central Bank at 9.11pm on September 29, 2008, outlining the deal, then assistant secretary general William Beausang admitted this was the case.
