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Hogan hits out at further Anglo revelations

The Environment Minister is accusing former senior executives in Anglo Irish Bank of being cavalier and arrogant.

Phil Hogan says the revelations on the recordings – obtained by the Irish Independent – are outrageous and distressing.

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In a second series of tapes released today – the then Anglo Chief Executive David Drumm talks about abusing the 2008 bank guarantee.

Minister Hogan is the latest member of the Government to say he was unaware of the existence of the recordings.

Meanwhile,

Clare government TD Michael McNamara has criticised the government’s response to the banking crisis.

Speaking this morning, Minister Brendan Howlin said he’s confident there will be a banking inquiry early in the next Dáil term and that the Government should spend the summer getting all the details ready.

However Deputy McNamara says the government isn’t doing enough on the issue and believes the public don’t want lengthy inquiries but criminal prosecutions

 

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