Wednesday 21 February 2018

Brother of former Taoiseach Brian Cowen says banking inquiry was 'set up to damage Fianna Fáil'

Barry Cowen
Barry Cowen
Niall O'Connor

Niall O'Connor

The brother of former Taoiseach Brian Cowen has said the Banking Inquiry report makes “no mention” of an alleged economic treason in a clear swipe at former Tanaiste Eamon Gilmore.

Laois/Offaly TD Barry Cowen also hit out at Taoiseach Enda Kenny, saying his previous claim that the inquiry would uncover the truth behind an “act of collusion” between Anglo bankers and Fianna Fáil has not materialised.

Speaking following the publication of the report, Mr Cowen said the inquiry was set up by the Government in the aim that it would damage Fianna Fáil.

He also made reference to a previous allegation made in the Dáil by former Tanaiste Eamon Gilmore that his brother, ex-Taoiseach Brian Cowen, was potentially guilty of economic treason.

“I haven’t read it in detail, but I’m lead to believe, there is no mention of an axis of collusion as was alleged by the Taoiseach. There is no mention of any member of the previous government committing a treasonous act in their governance of the country,” Mr Cowen told

“No mention of the fact there were files shred in the Taoiseach office as Kenny alleged.

"Rather than that, there was confirmation contained in the conclusion of the inquiry that the government was led to believe by the central bank and regulator that Irish banks were solvent.

"That doesn’t suit the mantra we have heard over the past five years. The Irish public have copped onto that, the Irish public are telling us that and the Irish public will pass their judgement on that type of politics.”

Online Editors

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business