Wednesday 7 December 2016

'Conflict of interest' claims hit bank probe

Published 16/07/2015 | 02:30

A Banking Inquiry whistleblower has made explosive allegations of conflicts of interest among some staff hired to investigate the collapse of the country's economy
A Banking Inquiry whistleblower has made explosive allegations of conflicts of interest among some staff hired to investigate the collapse of the country's economy

A Banking Inquiry whistleblower has made explosive allegations of conflicts of interest among some staff hired to investigate the collapse of the country's economy.

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The Irish Independent has learned a legal professional hired to work for the inquiry has been raising concerns about some colleagues since April.

However, the concerns about contacts between some inquiry staff and Central Bank officials only emerged yesterday.

It is understood the conflict concerns the drafting of the terms of reference for the hearings, which have dominated headlines in recent weeks.

The complaint was made to the Banking Inquiry under the Protected Disclosure Act, which protects whistleblowers.

In a statement last night, the inquiry said it had "discussed with the Houses of the Oireachtas Service a Protected Disclosure and has been legally advised that the Houses of the Oireachtas Service is the appropriate authority to address this issue.

It added: "The acting Clerk of the Dáil has already instigated a process of investigation."

Irish Independent

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