Two top executives have resigned from Ireland's biggest mortgage provider, in a row about multi-billion euro cash transfers to the now nationalised Anglo Irish bank, the lender said on Friday. In an early morning statement following a lengthy meeting of the board of Irish Life & Permanent (IL&P), chairman Gillian Bowler apologised for the transfers totalling 8.2 billion euros (10.6 billion dollars).
"I have absolutely no doubt about the integrity of the individuals concerned," she said. "However in providing support to the broader financial infrastructure, mistakes were made - for which I and the Board apologise unreservedly."
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