Business Banking Inquiry

Saturday 1 October 2016

Banking Inquiry: chairman expects report to be agreed this weekend

Published 04/12/2015 | 10:08

The Oireachtas Banking Inquiry is expected to face fresh delays
The Oireachtas Banking Inquiry is expected to face fresh delays

The chairman of the Banking Inquiry, Ciarán Lynch, says that he expects the report, investigating the cause of Ireland's systematic banking crisis, to be agreed upon this weekend.

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The inquiry has been plunged into doubt in recent times with various sources expressing their scepticism over the report.

Speaking on RTÉ's Morning Ireland Mr Lynch said that the timeline to complete the report is very tight and may involve committee members working over the Christmas period.

A 24-hour deadline was granted to the inquiry on Thursday while concerns are beginning to emerge from government on the future of the report.

Sources within government are worried about the controversy that will be caused should the committee fail to produce a report.

The inquiry, which has cost the taxpayer €5m, has been plagued by legal barriers and difficulties to date.

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