Brian Cowen denies 'rushing' DDDA borrowings

Updated: 22:18, Friday, 26 March 2010

Taoiseach Brian Cowen has rejected claims by Fine Gael that he ignored legal and official advice in relation to the DDDA while he was Minister for Finance.

1 of 1Brian Cowen - 'Acted in accordance with legal advice'
Brian Cowen - 'Acted in accordance with legal advice'

Taoiseach Brian Cowen has rejected claims by Fine Gael that he ignored legal and official advice in relation to the Dublin Docklands Development Authority while he was Minister for Finance.

Earlier, Fine Gael TD Phil Hogan accused the Taoiseach of 'rushing' a decision to sign off on approval for the Authority to increase its borrowing levels in order to take part in a deal to buy the Irish Glass Bottle site.

Mr Hogan said the Authority should now be wound up and declared insolvent.

Speaking in Co Offaly this afternoon, Mr Cowen said he had acted in accordance with the legal advice received.

Live Player

  • Next
  • 23:20 - 23:40

    RTÉ News and Weather

  • 13:20 - 13:30

    RTÉ News and Farming Weather