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Prom Night

LIVE: Seanad debates legislation to liquidate IBRC

Watch live from the Seanad Chamber as members deliberate on whether to immediately wind down the former Anglo.

Live stream via HEAnet. iPhone/iPad users: click here.

THE SEANAD is sitting late into the night to consider dramatic emergency legislation which would liquidate the Irish Bank Resolution Corporation – the former Anglo Irish Bank.

The legislation, the ‘IBRC Resolution Bill 2013′, was passed by the Dáil shortly before 3am and will be wrapped in the Seanad before 5am before being sent to President Higgins to be signed into law.

President Higgins has interrupted a trip to Italy to return home in case legislation is presented to him.