Now another Anglo probe is deferred by Central Bank
Yet another attempt to probe the events at Anglo Irish Bank has been parked after a request from the main team investigating various transactions from 2008.
The Chartered Accountants Regulatory Board (CARB) has already had to postpone public hearings with several Anglo executives and the banking inquiry chaired by Finnish economist Peter Nyberg was also not able to examine the collapse of the bank in 2008.
Now the Central Bank has "deferred'' its plan to examine specific issues relating to Anglo. This follows instructions from the gardai, who consulted with the Director of Public Prosecutions.
A statement released late yesterday by the Central Bank simply said it had notified the gardai and the corporate watchdog about certain suspected offences.
"As part of that liaison process, we recently advised the gardai of our intention to examine specific issues arising from our investigation'.'
But the statement said proceeding at the moment could "prejudice any future criminal prosecutions. We have decided to defer our examination but we will keep this decision under review''.
The statement did not outline what the regulator was planning to examine, but it is understood it is directors' loans and deposit transactions between Anglo Irish and IL&P in 2008.
This week Paul Appleby, the corporate watchdog, said it would be the end of the year at the earliest before he finished his investigation. Mr Appleby strongly rejected suggestions that the probe was not moving at the right speed.