Noonan: risk to IBRC assets forced emergency legislation

Minister for Finance Michael Noonan has told the Dáil that leaked information about the liquidation of the IBRC forced the government to prepare emergency legislation.

6th February, 2013

Minister for Finance Michael Noonan has told the Dáil that leaked information about the liquidation of the IBRC forced the government to prepare emergency legislation.

"As soon as the information relating to the proposal to liquidate IBRC was made public, there was an immediate risk to the bank," said Noonan in the Dáil early on Friday morning.

"Given this position, I as Minister for Finance, took immediate action to secure the...

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