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Banking inquiry saved from collapse... for now


Banking Inquiry chair Ciaran Lynch

Banking Inquiry chair Ciaran Lynch

Banking Inquiry chair Ciaran Lynch

THE Banking Inquiry is to set up a special team to review its final report in an attempt to save the Oireachtas investigation from collapse.

Members met this afternoon to discuss concerns about the final report which they were permitted to review under strict supervision this week.

A number of committee members said the current draft was not “fit for purpose” and called for a complete overhaul of the report.

After a tense six hour meeting, it was agreed a ‘report finalisation team’ headed up by Fine Gael TD Eoghan Murphy and Labour Senator Susan O’Keeffe would review the report.

In a statement, the committee said: “The Oireachtas Banking Inquiry Committee met today to discuss members’ feedback on the inquiry draft report and assess the nature of amendments and changes required.”

It added: “Some of the material matters that members want to deal with in terms of the report are not suited to the amendment process and, with regard to this the meeting examined the practicalities around progressing the report.

The Committee agreed to put in place a report finalisation team consisting of various elements within the inquiry structure to advance the report to its conclusion.”

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