Credit union body angered at Anglo Irish link

The organisation representing credit unions has said that it invested just €99 million in Anglo Irish Bank bonds, and has called on the government to ‘‘cease referring to these investments as justification for guarantees and the continuation of Anglo

24th April, 2010

The organisation representing credit unions has said that it invested just €99 million in Anglo Irish Bank bonds, and has called on the government to ‘‘cease referring to these investments as justification for guarantees and the continuation of Anglo Irish Bank’’.

Ina statement to The Sunday Business Post, Kieron Brennan, the chief executive of the Irish League of Credit Unions, said it was ‘‘unwise and irresponsible’’ to suggest that the credit...

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