Today’s Imponderable


Today the state has been ordered to buy Irish Life for €1.3 billion off state-owned Irish Life & Permanent.

Last November we were told potential buyers had been scared off fearing reputational damage and fines arising from the hooky €7.2bn back-to-back loans by IL&P to Anglo.

A promised investigation by the Central Bank also posed a potential headache for our old friend Kevin Cardiff.

So, will today’s sale stop the probe?

Answers to the usual address.

(Sasko Lazarov/Photocall Ireland)

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