Sec. 8(8) provides:

(8) If the Attorney General considers that an order under subsection (5) contains matter that is commercially sensitive, he or she may direct—

(a) that the obligations in relation to the order under section 3(1) of the Statutory Instruments Act 1947 are to be taken to be satisfied by the printing, sending to the institutions mentioned in section 3(1)(a), publication and sale of a version of the order from which the commercially sensitive matter is omitted, or

(b) if the preparation of such a version would be impracticable, or would result in the version being seriously misleading, that the order is
exempt from the operation of section 3(1) of that Act.

In simple terms what the above seems to be providing for is that if the AG decides that any Ministerial Order (made pursuant to the Bill) contains "matter that is commercially sensitive" it does not need to be published and the Minister can in effect act in secret.

So, our money is being used to buy this "zombie" bank as you so correctly call it but we're to be kept in the dark about what the Minister does with it.

Seems to be yet another attempt to prevent the taxpayer from knowing the truth about AIB's actual financial status.

Accountability me arse!

Dear Sirs,

It's come to my attention that your fine institution is the place to go for the big loan.

Me and the brother has the opportunity of a lifetime and we want youse in Anglo in on the deal.

Here's how it'll be:

There's a fella over our way with 25 acres of unfirm land he wants ridda and we think we could take it off him easy for a few hundred grand.

We reckon the right time's right for a super multi-story car park for the village.

Some might say (that's you Mullen, if you're reading) that we don't need a car park here in our fine parish but you should see the place when the partron's on with cars jammed solid.

With our plan, there'll be plenty of parking
when the upturn comes and the tourists start back, we'll be ahead of the posse. Besides, we have to do for the community.

So, let's get her built.

It's crucial that we get the funds by the end of the week as we've a boy lined up to do the ground work Tuesday.

I know a few hundred grand's not much of a loan so we were thinking we'd apply for 30 Million to keep things real.

250,000 for the bog
200,000 to smooth the planning
50,000 each for 12 councilors (that's 600,000)
300,000 for building it
3,000,000 squirrel money
4,000,000 in subsistence
and the balance for contingency.

(If the 30M isn't enough we'd be willing to take a bridging loan for another 10M).

We'll take it as done and ready to rock if you don't come back to us with any objections or concern by Monday.

Yours etc,

Nodanawink Inc