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News : Irish Last Updated: Sep 25, 2013 - 4:30 AM


Central Bank says no action required on Anglo tapes revelations
By Finfacts Team
Sep 24, 2013 - 3:52 PM

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The Central Bank of Ireland has today launched a €15 limited edition Silver Proof collector coin to mark the 100th anniversary of the Lockout in response to a Dublin labour strike .

The Central Bank said it would not file additional reports to the authorities following a review of phone calls recordings from Anglo Irish Bank, which were published by The Irish Independent.

The Central Bank has reviewed the issues arising in the tapes of call recordings at Anglo Irish Bank (now Irish Bank Resolution Corporation Limited (in Special Liquidation)) which were released to date in the Irish Independent.

The tapes raised concerns that Anglo may have deliberately misrepresented its financial position when it sought financial support from the Central Bank in 2008. The Central Bank said  its has examined Anglo’s interaction with the Central Bank at the time in relation to this matter. "No new issues have been identified that relate to suspected criminal offences having occurred and as a result, the Central Bank does not intend, and is not required, to make any further statutory reports of suspected criminal offences to An Garda Síochána or the Office of the Director of Corporate Enforcement in relation to this matter."

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