Saturday 1 October 2016

Banking Inquiry slashes report to 300 pages to get it over the line before General Election

Published 24/11/2015 | 18:37

Banking Inquiry chair Ciaran Lynch
Banking Inquiry chair Ciaran Lynch

The Banking Inquiry is set to halve its report in an effort to get it over the line before the General Election.

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Members of the committee which questioned Brian Cowen, Bertie Ahern and a string of bankers over the past year met this evening to try salvage the process.

Officials attached to the inquiry presented the TDs and senators with a 750 page draft report last week which was described as “unworkable”.

They have now agreed to downsize the final report to around 300 pages.

In a statement after this evening’s meeting, the Inquiry team said: “The Oireachtas Banking Inquiry Committee has agreed a revised draft framework for its final report which was drawn up by the report finalisation team.”

During an emergency meeting last Saturday the Committee put in place a report finalisation team to restructure and edit the draft report.

“Today the Committee, upon receiving the finalisation team’s update from last Saturday’s meeting, agreed the proposed framework and structure to advance the report to its conclusion. This revised framework requires some adaptations within the programme schedule but this will not impact on the report’s agreed deadline,” said a statement.

The deadline for the production of the final report is January 20.

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