Lenihan wanted to burn bondholders and rebrand Anglo as 'An Banc Nua', inquiry told

Former Finance Minister Brian Lenihan asked Europe to rubber-stamp plans to save Anglo Irish Bank, his former special advisor has said.

Lenihan wanted to burn bondholders and rebrand Anglo as 'An Banc Nua', inquiry told

Former Finance Minister Brian Lenihan asked Europe to rubber-stamp plans to save Anglo Irish Bank, his former special advisor has said.

Alan Ahearne, Mr Lenihan's right-hand man at the height of the financial crisis, said his ex-boss was "open-minded" about a plea from Anglo chiefs to give the lender a makeover rather than shut it down.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited