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Thu 02 Feb 2009Recapitalisation goes ahead but Lenihan faces fresh pressure
MINISTER FOR Finance Brian Lenihan came under intense political pressure last night, following his admission that he only learned about the transfer of €7 billion to Anglo Irish Bank last month, even though his department informed the Financial Regulator about the issue last October.
The disclosure overshadowed last night’s unveiling of the Government’s bank recapitalisation scheme by the Minister.
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