Wednesday 7 December 2016

No one to blame as toothless tiger fails to find a bite

Published 28/01/2016 | 02:30

'When it comes to the known unknowns we are not much the wiser'
'When it comes to the known unknowns we are not much the wiser'

To err is said to be human, and to blame the other guy even more so. This being the case the most surprising thing about the Banking Inquiry is that after some 375 pages and 400 hours of testimony, no one is to blame.

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That is not to say that the 11 members of the Committee did not work hard and long, nor is it to say that their labours were entirely in vain.

For we have learnt one valuable lesson from the €6.5m inquiry and it is this: If one wants to get at the truth, an inquiry restricted by being unable to make adverse findings is not the ideal mechanism.

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