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Thu 02 Feb 2009Irish Life & Permanent in crisis meeting amid growing pressure
A meeting of the board of Irish Life & Permanent (IL&P) is continuing tonight as pressure mounts on the company’s directors and senior management to resign over the bank’s €7 billion deposit into Anglo Irish Bank last September.
The crisis discussions, which are taking place at the company’s headquarters in the Irish Life building on Abbey Street in Dublin city centre, began at 4pm as political pressure grew on the State’s largest mortgage lender and life assurance company. The boardroom talks are said to be intense.
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