Cowen: Govt unaware of bank's multi-billion euro loans

The Government did not know about secret multi-billion euro loans given to Anglo Irish Bank by Irish Life & Permanent last September, the Taoiseach said today.

Cowen: Govt unaware of bank's multi-billion euro loans
Wed, 11 Feb, 2009 - 15:42

The Government did not know about secret multi-billion euro loans given to Anglo Irish Bank by Irish Life & Permanent last September, the Taoiseach said today.

The massive payments were designed to boost the balance sheet of Anglo Irish amid turmoil in the banking sector.

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CourtsBank guarantee schemePlace: DublinPlace: IcelandPerson: CowenPerson: TDPerson: Alan ShatterPerson: Labour LeaderPerson: Eamon GilmorePerson: Enda KennyPerson: Labour TDPerson: Pat RabbittePerson: RabbitteOrganisation: Anglo Irish BankOrganisation: Irish Life & PermanentOrganisation: TaoiseachOrganisation: LabourOrganisation: DáilOrganisation: AngloOrganisation: Fine GaelOrganisation: Central BankOrganisation: Department of FinanceOrganisation: Unite unionOrganisation: IL&POrganisation: UniteOrganisation: Bank of IrelandOrganisation: AIBOrganisation: Irish Bank Officials’ AssociationOrganisation: Fianna FáilOrganisation: Sinn Féin
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