The banking inquiry is to seek an extension in delivering its final report.
Deputy Ciaran Lynch, chairman of the Oireachtas inquiry, has confirmed that they will be seeking an extension in the Dail and Seanad. And, the Labour representative said it is now likely to be January 2016 before the final report is delivered.
Speaking to Independent.ie, Deputy Lynch said that the recent report by Senan Allen into the whistleblower claims had an implication on the delivery of the inquiries report, which had been initially due in November.
“It did have operational difficulties for the inquiry,” he said.
“That may require further time for the inquiry to complete it’s work in order to deal with the time that was lost in the committee’s work in accommodating the investigation.”
A source close to committee also said this will have implications upon the inquiry’s budget.
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Michael Fingleton was in top form when he entered the Banking Inquiry at 9.30am on Wednesday. Positively pukka. He paused, smiled to the cameras and strode confidently into Leinster House. He did not quite dance a jig, but he looked like a man arriving for a board meeting of compliant Irish Nationwide directors rather than a banker about to meet his Waterloo.
THE banking inquiry is hearing from a number of former Anglo Irish Bank and Irish Life & Permanent executives today. First up is Peter Fitzgerald, former Director of corporate and retail treasury at Anglo Irish Bank as well as Gary
Gone was the jaunty fedora and trademark round-shaped facial topiary which once was so visible in sundry swanky venues around town as the banking boom kept on getting boomier. Michael Fingleton looked his age - he is in his mid-seventies, after all - as he arrived into the banking inquiry.