The Chairperson of Anglo Irish Bank has said he utterly rejects allegations, made during a Dáil Public Accounts Committee meeting, that the bank had provided false, misleading information to NAMA.

Yesterday, the committee heard accusations that banks had systematically fed false information to NAMA.

It was alleged that banks gave the information in order to secure the maximum price for bad loans being purchased by the agency.

Alan Dukes issued a statement on behalf of the board, management and staff at Anglo Irish Bank in response to the claim.

Mr Dukes said the Chairman of NAMA Frank Daly, and its Chief Executive Brendan McDonagh, had a public duty to set the record straight.