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Noonan Says Ireland Could Recoup Billions From Banks

The Irish State could recoup more than 29 billion euro injected into AIB, Bank of Ireland, and Permanent TSB during the financial crisis.

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That's according to the Minister for Finance Michael Noonan, who's written a piece for the Irish Times today.

It would mean the 35 billion euro put into Anglo Irish Bank and Irish Nationwide would become the final cash cost to the exchequer of the country's banking problems.

Minister Noonan also revealed Goldman Sachs is advising the government on its options in relation to AIB.

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