Finance Minister Michael Noonan said a list of high profile borrowers from Anglo Irish Bank was drawn up to "avoid preferential treatment" being shown.
Rugby players, RTE stars, musicians, judges and some of the country's senior legal professionals were among the people placed on a list of "sensitive" borrowers compiled by the former bank, as revealed by the Irish Independent.
But Mr Noonan said the list of "politically exposed" investors was made in order to comply with a requirement of the Criminal Justice Act 2010.
Independent TD Thomas Pringle said there needed to be assurances given that individuals -- some of whom received write downs on their loans -- did not get special treatment in their dealings with the bank.
Mr Noonan said the list was compiled to do the complete opposite of what the TD was suggesting and was done to "avoid preferential treatment".
The minister said if Anglo's special liquidator comes across any criminal activity, he is obliged to report it to the gardai.
He said the special liquidator of the former bank has assured him he has not come across any criminal activity in this regard.
Six Catholic orders were also placed on a list of "politically exposed persons" (PEP) who entrusted more than €250m to Anglo's private wealth management division.
Lawyers, journalists and some of the country's leading business people had also been placed on the PEP list.