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Dublin: 15 °C Wednesday 19 June, 2013

We asked for copies of the ECB’s letters to Brian Lenihan. Here’s what happened

With the letters back in the news today, we thought we’d publish the response to a request we made in April 2011.

The Department of Finance has so far refused any requests to release the ECB's letters under the Freedom of Information Act.
The Department of Finance has so far refused any requests to release the ECB's letters under the Freedom of Information Act.
Image: Peter Morrison/AP

WITH MICHAEL NOONAN having said he would favour the publication of letters between the ECB and Brian Lenihan in the run-up to Ireland’s bailout, today we thought we would show what happened when we attempted to obtain them.

In April 2010 TheJournal.ie lodged a Freedom of Information request with the Department of Finance, hoping to publish the letters sent between Ireland and the Troika in advance of the negotiations on Ireland’s funding package.

Specifically, we asked for:

Copies of any correspondence between Minister for Finance and any officers or officials from the European Central Bank, European Commission, International Monetary Fund or Her Majesty’s Treasury, for the month of November 2010.

We received a response on June 2011 (the usual four-week response time was extended due to a request for extra fees to cover the search for documents), which – given how the matter has returned to the news – we are publishing today.

The response catalogues the documents which could have fallen under the scope of our request, and lists on a case-by-case basis the reasons why each letter would be released (or, as it more often was, not released).

For those unable to read the files embedded below, the main response letter can be viewed here, while the schedule of documents can be viewed here.

The Department’s response cites three provisions under Ireland’s Freedom of Information Act, 1997 which allow requests to be refused.

In summary, they are:

  • Section 24(2)(e) – This allows requests to be refused if “access to it could reasonably be expected to affect adversely” the security, defence and international relations on the state; this applies to communication sent in confidence to and from international bodies like the EU;
  • Section 26(1)(a) – This allows requests to be refused if information within it was sent “on the understanding that it would be treated by it as confidential” and if its release would probably prejudice the communication of similar information in future;
  • Section 31(1)(a) – This allows requests to be refused if its publication “could reasonably be expected to have a serious adverse affect on the financial interests of the State or on the ability of the Government to manage the national economy”.

The schedule of documents attached to the response – which is embedded below, and can be viewed here – cites these clauses at various points in refusing to release ten of the 12 documents which were considered for release.

Because the documents fell under the clauses of Section 26 and 31, the deciding officer is required to undertake a public interest test in order to evaluate whether the public benefit to releasing the documents would outweigh the concerns reached.

The response outlines the arguments in favour, and against, the release of the documents.

The public interest factors for disclosure in this regard included:

  • a) The right of the public to have access to information and the right to understand the workings of Government.
  • b) Disclosure will reveal the reasons for decisions.
  • c) The need for the public to be better informed and more competent to comment on public affairs.
  • d) The information in the records might make a valuable contributions to public debate on an issue.
  • e) The need to ensure accountability of administrators and scrutiny of the decision making process and the use of public funds.

The public interest factors against disclosure in relation to these records included:

  • a) Access to these records could prejudice the position of the Department and the Government in its negotiations or deliberations on matters of national importance, including negotiation with other Departments and with other EU Member States or international organisations.
  • b) This record contains information, access to which could reasonably be expected to have a serious adverse effect on the financial interests of the State or on the ability of the Government to manage the national economy.
  • c) Release of some of these records would impact on the integrity and viability of the decision making process to a significant degree without a countervailing benefit to the public.
  • d) Release of some of these records would impair a future decision.
  • e) The need to preserve confidentiality having regard to the subject matter and the circumstances of some of these records.

Having considered all of these factors, on balance, I am of the view that the public itnerest is not best served by disclosure in relation to those records to which access had been refused.

There were two documents for which the request was approved – the ECB opinion on plans to extend the bank guarantee, and an ironically-timed invitation to an IMF course on financial stability. The ECB opinion document can be read here; the IMF invitation is here.

It may be of interest for readers to note that in a BBC radio documentary broadcast in April 2011, Brian Lenihan discussed receiving a letter from Jean-Claude Trichet – which had ‘bounced’ Ireland into its bailout – on November 12 (this is discussed by UCD’s Karl Whelan in a blog post for Forbes).

The schedule of documents, however, contains no written communications between the two between November 5 and November 18.

In his Sunday Independent interview today, Michael Noonan said he did not have the power to direct his Freedom of Information unit to release Trichet’s letter.

Read: Will Noonan publish the ECB letter that forced Ireland into a bailout?

Poll: Should ECB letters sent before the bailout be released?

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Comments (53 Comments)

  • If they had nothing to hide they would release them .

    Reply
  • Release the letters now!

    Reply
  • The government’s smartest fool, Minister Rabbitte didn’t seem to know anything about these letters on the Vincent Browne show the other night. He hadn’t even though to ask at cabinet all these months. Not even a mild degree of curiosity. And of course Messers McCarthy and Cardiff have no departed…and can provide no further assistance.

    Poor old Pat, he doesn’t seem all that interested in the Government now he is in it. Spent the morning ‘umm-ing’ through an explanation of his brief and what his department is up to. He seems utterly bored. Perhaps a long holiday would suit him. He has surely served enough to merit a handsome pension.

    On the substantive issue…it is scandalous that we are still being drip-fed information. They wouldn’t stand for this in Iceland. We (the Irish people) are fools when it comes to this whole sorry saga, because we are putting up with all this nonsense. I am afraid we get the governance that we deserve.

    Reply
  • As it stands the Dept of Finance wont release letter(s) received from the ECB and the EU wont release letters from our Government on letters relating to the ESM/Blackmail clause. We are getting stabbed in the back from all sides.

    Reply
    • Ryan'O 26/08/12 #

      Flucking unbelievable how they can legally get away with it!

      Reply
    • Listen whoever your name is…you don’t want your identity published but you insist on some vague right to be privy to the contents of confidential correspondence between the European Central Bank and the then Minister for Finance. Who the hell do you think you are? Do you understand the need for confidentiality in the first place or should all correspondence received by Ministers or Departments or me for that matter be handed over to you for a critique?

      Reply
    • Mick everything involved in the mess we are in as far as i’m concerned should be released to the citizens of this country.We paying the f***ing bill for this mess,we have a right to know what pressure was applied and by whom.A nation has in effect been enslaved and you think a citizen has no right to know why his future and that of his decendants has been destroyed.Well i’m not a mushroom and sure as hell don’t want to be treated like one.

      Reply
    • Ryan'O 26/08/12 #

      Hear hear

      Reply
    • Well said Norman. You basically said what 99 per cent of the people would say.

      Reply
  • Typical schnakes!

    Reply
  • So where are the advisors to Brian Lenehan now? Alan Ahern, who served in the privately owned federal reserve of America, is still in a powerful decision making position today in the central bank. The Rothschild banking group also advised the government to implement the Anglo Irish Bank bailout fund while themselves being senior bond holders. Ex FG attorney general Peter Sutherland, representing Goldman Sachs still advises the government.

    The terms Trojan horse, conflict of interest and treason come to mind.

    Reply
  • If they do release them you can be guaranteed they’ll be redacted.

    Reply
  • A Public body that works for the Public but that is in no way transparent in it’s workings to the people that pay its wages.

    Anyone have a problem with that?

    I have a HUGE problem with that.

    Reply
  • JTHM 26/08/12 #

    Maybe it is all because the documentation will show that there was no “blackmail”, and instead there is a strong recommendation, and so the whole Irish political scene won’t be able to continue pushing the “we was robbed!” line.

    Reply
  • Im going to kill them all.

    Reply
  • FG are deliberately refusing to release this letter.

    Hopefully people boot them out in the next election.

    Reply
  • Let’s not forget that the “bouncing” in to a bailout happened because the state was bankrupt, destroyed by McCreevey and Cowen’s “spend to win friends” politics, Lenihan sitting on his bum for the 1st year do nothing and then 18 months of decisions all framed on how to protect the party donors and friends – no matter the cost to Ireland or her economy. Party and Govt. policy being set by people who gave the biggest donations in Galway, laws changed to suit developers, tax money used as a slush fund for donors and party members and stunning levels of corruption.

    The letter needs to be released, no doubt the ECB are going about this in a cack handed manner but the damage was down by the filthy criminals of FF that were in Govt.

    Reply
  • What difference would it make?? We just have to pay for the greed of the bankers, developers, croke park deal for politicians and civil servants. Nothing has changed since the last government same pigs with different colour suits at the troff.

    Reply
  • Don’t release them, however Put Kenny, Noonan et al in the Dail chamber and release the hounds.

    Reply
  • There all a bunch of lying cheats at the end of the day so they can take there letters and shove them straight up there over paid arses and shove it there with the love and sincerity of a pissed off Irish Nation!

    Reply
  • And then they wonder why Wikileaks does the things it does,…

    Reply
  • This, and shit like this, where we allow the government to pat us on the head and send us on our way like a 5 year old telling us we shouldn’t ask questions that don’t concern us (even when they do), is the reason we need change in this country.
    Politics and politicians have failed the people that employ them.
    TIME FOR REVOLUTION

    Reply
  • Didn’t FG run with “Open & Transparent” in the election,, time for a new way of doing things if i remember correctly.

    Looks like they like the old ways are better Enda!!!

    this country truly sucks, can’t even get a copy of a letter that cost 60 odd billion!!

    Reply
  • Its like this..the letter exonerates the Government of the day or it does’nt. Lenihans pushing up daisies,bertie is on the piss with cowan,the rest of the bunch of ex ministers etc. are spending their secure pensions and misdirected party donations on whatever suits them.The current mob are rehearsing their parts for the upcoming xmas pantomine, called ‘A Christmas Budget’ written by A Merkel, directed by….A Merkel and starring Enda kenny( the fairy godmother) Micheal Noonan(scrooge) Special guest stars include Pat rabbite (Happy,of the seven dwarves, Eammon gilmore( you guessed ..Dopey) No doubt gay byrne will stick his ugly pus in there somewhere…All in all it will be a great show and at the end you will be convinced that although we don’t speak german over here ,it will all be for the best for those europeans that do.They asked bono to do the music score.He turned it down when he realised he would have to pay tax on the earnings in this country.He has however offered to buy everyone in the country a pair of sunglasses.We are fkd……I hope the Mayans got it right…..21st of dec. and Angela goes ‘ vot de fuk!!! ‘

    Reply
  • German bond holders demanding the Irish government support the banking sector so they don’t lose there money! Why do we need transparency for that? It’s just a pity our gutless politicians always give in to the ever growing central European powers! Ich haben en Deutschland gewohen und sie lachen uns!

    Reply
    • JTHM 27/08/12 #

      Don’t write in German unless you can write in German. I am writing this from Germany and I have yet to met a single member of the general public who is laughing at Ireland. This is one of the general throw-away comments with absolutely nothing objective or concrete to back it up.

      Reply
    • To be fair, that German is pretty ropey. I think what you meant is, Ich bin in Deutschland gewohnen, und sie verlachen uns. And, further to JTHM’s suggestions, the Irish Times has commissioned a series of public polls in Germany which appear to show quite a degree of sympathy for our case…

      Reply
    • Jrhm I just moved back from living and working in Germany! Yes my german isnt great i will admit and never was! I don’t just make comments without back up! I don’t were your living but anyone I spoke didn’t have any sympathy for the countries in trouble Greece and Ireland included… but that’s not the point! The point is that German and French bind holders wanted there money and pushed our government to secure it!

      Reply
    • JTHM 27/08/12 #

      Wait a minute. You say that’s not the point? You asserted that the German people are ridiculing the Irish, and when I called you on it, saying that it is not my experience, you shifted the goalposts. Do you believe the Germans are laughing at the Irish or not? If so, what are you basing this opinion on.

      As the bond holders wanting to get they’re money back, you can’t call that bullying or oppression, this would be the case in any business situation. You can’t blame them from wanting to secure their investment. As for Ireland being forced or blackmailed into a bail-out, that is a claim made by certain politicians and their followers. It is not fact. The documents that would prove or disprove this as fact have not been released. That’s what the article above is about.

      Reply
    • Yes it’s not point it’s observation! As for evidence it’s from ex-colleagues and neighbours! Sorry I don’t have dates and names but I will try to gather so you can verify!

      So you believe if someone gambles on stocks they shod get there money back if it goes wrong?

      Reply
    • JTHM 27/08/12 #

      Irish people are lazy scroungers. That’s an opinion, wait, no, it’s only an observation. Actually no, it’s is getting very close to being defamation. It’s a generalisation about a whole nation which is intended to persuade people to a a more negative view of that nation, without having any evidence to back it up. The plays on emotions and stereotypes, without any basis on reality.

      As for the bond holders, they have every right to try to recoup their investments. I’m not saying they gave a right to get them, but they had the right to try. If you bought a second-hand car which turned out to be a lemon, would you happily sit back and accept that the risk was yours to take, or would you kick up and try to get a full or partial refund?

      Reply
  • Release the letter. Let the truth come out. Lets see who the wolf was and what sheep trembled in his boots.

    Reply
  • Time to release the letter.

    @ Gavan Cannot the minister of Finance not over rule his FoI officials?

    Reply

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