Opposition queries cost of Anglo rescue

Updated: 12:18, Monday, 30 August 2010

The Fine Gael spokesman on finance Michael Noonan has said that the Government should review its plans to rescue Anglo Irish Bank.

1 of 1Michael Noonan - FG spokesman on Finance
Michael Noonan - FG spokesman on Finance

Mr Noonan said he was concerned about the escalating cost of retaining the bank.

Michael Noonan said Brian Lenihan should state clearly what
the cost of the rescue is going to be.

He continued, If Brian Lenihan can not show clearly that the cost was less than an orderly wind-down, then that wind-down should begin immediately.

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