Last witnesses give evidence at Banking Inquiry

The former chairman of Anglo Alan Dukes and its former Chief Executive Mike Aynsley are the final witnesses at the inquiry before a month-long break.

Last witnesses give evidence at Banking Inquiry

The former chairman of Anglo Alan Dukes and its former Chief Executive Mike Aynsley are the final witnesses at the inquiry before a month-long break.

In his opening remarks in the past few minutes, Mr Dukes says the Government could not really have looked at liquidating Anglo at the time of the guarantee in September 2008, but he believes it was solvent.

"I frankly don't know what the answer to it is, but my guess is that if the exercise had been carried out at the point when the guarantee was given, Anglo would probably have proven to be solvent at the time on the basis of what was known, and the other banks I think would certainly have been," " said Mr Dukes.

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