Govt uses new bank laws to conduct business in private

The taxpayer is going to be the last person to know the intentions of Government under its sweeping new bank rescue laws.

Govt uses new bank laws to conduct business in private

The taxpayer is going to be the last person to know the intentions of Government under its sweeping new bank rescue laws.

The first use of the Credit Institutions (Stabilisation) Act was to throw media representatives out of the High Court yesterday while leave was being sought behind closed doors to effectively nationalise the Allied Irish Bank.

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