Full text of Brian Lenihan statement

Statement issued by Minister for Finance Brian Lenihan this afternoon:

Statement issued by Minister for Finance Brian Lenihan this afternoon:

Last night I stated that the Board of Irish Life and Permanent must discharge its responsibilities in relation to the serious matters that have arisen.

I welcome Mr Casey's decision to resign from his position in the Group. This is an essential first step in repairing the reputational damage done to the Irish financial system by this transaction.

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