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SENIOR BANKERS were “likely to have been dishonest or disingenuous at least” in presenting the financial health of their institutions during the banking crisis, the head of the Department of Finance told a Dáil committee.

The department’s secretary general, Kevin Cardiff, told the Public Accounts Committee that Anglo was “extremely disingenuous” in presentations it made about the quality of its loans and its ability to raise capital in the months after the September 2008 guarantee.