Special Investigation: The Anglo trail: Where did the money go?

Ireland put tens of billions of euro into Anglo Irish Bank, but where did the money really go?

19th June, 2016
The figure is so big it is hard to comprehend. It was enough to bankrupt a country. It is enough to build a National Childrens Hospital in every county in the country and still have change.

“Between the banking guarantee in 2008 and the bailout in 2010, more than €46 billion of taxpayers’ money was injected into the banks by the Fianna Fáil-led government with the majority – about €34.7 billion – going into Anglo Irish Bank and Irish Nationwide Building Society,” –

Minister for Finance Michael Noonan in the Irish Times, January 12, 2015

The figure €34,700,000,000 is an amount so big it is hard to comprehend. It was...

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