185. Deputy Maureen O'Sullivan asked the Minister for Finance if he will seek a report from the Chairman of the Irish Bank Resolution Corporation identifying the number of instances in 2007 and 2008 where voluntary, non-profit organisations with deposits in Anglo Irish Bank converted those deposits into apparently higher-yielding shares; the typical number of bank-initiated contacts with such organisations in advance of deposits being moved into shares; the aggregate loss to the affected depositing shareholding organisations arising from Anglo’s campaign to effect the transfer of deposits made by such bodies into shares over the period; and if he will make a statement on the matter. [31617/13]

Summary

185. Deputy Maureen O'Sullivan asked the Minister for Finance if he will seek a report from the Chairman of the Irish Bank Resolution Corporation identifying the number of instances in 2007 and 2008 where voluntary, non-profit organisations with deposits in Anglo Irish Bank converted those deposits into apparently higher-yielding shares; the typical number of bank-initiated contacts with such organisations in advance of deposits being moved into shares; the aggregate loss to the affected depositing shareholding organisations arising from Anglo’s campaign to effect the transfer of deposits made by such bodies into shares over the period; and if he will make a statement on the matter. [31617/13]

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