Ansbacher report to be published on Saturday

The Ansbacher report will now be ready for publication on Saturday

The Ansbacher report will now be ready for publication on Saturday. The report was to be published tomorrow but, has been delayed due to the size of the document.

Mr Eoghan Fitzsimons SC, for the Director of Corporate Enforcement, told the President of the High Court, Mr Justice Joseph Finnegan, the Director had been advised that the printing and publication, assuming there were no further problems, would be finished by Friday and that the report would be available on Saturday morning.

Mr Fitzsimons said the Government Publications Office did not normally open on Saturday but would open this weekend in order to have the report avaiable to those members of the public who wished to acquire it. At the same time, the report will be available from the Office of the Director of Corporate Affairs to clients of Ansbacher (Cayman) named in the report.

An advertisement is to be placed in the newspapers on Friday stating where the report will be available, counsel added.

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Mr Justice Finnegan, made an order directing publication of the report at 9.30 am on Saturday.

Mr Fitzsimons said there would be 1,000 electronic copies and 400 hard copies of the report.

Mr John Gordon SC, for Ansbacher (Cayman) Ltd, said his client’s undertaking to maintain the confidentiality of the report would continue until Saturday morning.

The judge said he was anxious there should not be any "piecemeal" disclosures.

In a statement following last Friday’s High Court hearing, the Director of Corporate Enforcement, Mr Paul Appleby, said the printing assignment was a mammoth task. He was advised that it was the largest printing job ever undertaken by the printers, who had been engaged by the Government Supplies Agency, in such a tight timeframe.

The printed report will run to about 10,000 pages, will be in about 15 volumes, will stand a metre high and will weigh about 25 kg.

The report was drawn up by inspectors appointed by the High Court after the affairs of Ansbacher (Cayman) Ltd came to public attention during the proceedings of the McCracken Tribunal in 1997. Much of the intervening period has been spent investigating the company’s Irish business.

The report will be available for purchase at 9.30 a.m. on Saturday and can be bought at the Government publications office in Dublin.

The report will contain the names of 200 account holders in the off-shore bank in the Cayman Islands.