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Mon 10 Oct 2008Government figures on bank assets outdated, says Varadkar
THE GOVERNMENT'S claim that the assets of Irish banks exceed their liabilities by €80 million is likely to be incorrect, as it is based on outdated figures, the Fine Gael spokesman on Enterprise, Leo Varadkar, said yesterday.
He said Minister for Finance Brian Lenihan had informed him, in response to a Dáil question, the estimate was based on the end-2007 published accounts of the credit institutions concerned.
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