| 16°C Dublin

Up to 120 banking officials to appear before Dail inquiry

Close

Labour's Ciaran Lynch will chair the banking inquiry

Labour's Ciaran Lynch will chair the banking inquiry

Labour's Ciaran Lynch will chair the banking inquiry

Some 120 banking officials are poised to appear in front of the long awaited inquiry into the banking collapse, independent.ie can reveal.

A special report prepared for the 11-person inquiry team has proposed that the investigation examines events dated as far back as 1992.

The report confirms that the €5m inquiry will examine the controversial Bank Guarantee, the Troika Bailout and the decision to liquidate the former Anglo Irish Bank.

The banking inquiry committee, chaired by Labour TD Ciaran Lynch, is due to meet today as the Dail resumes.

The inquiry is to have two key focuses: Firstly to find out what happened in the banks and secondly to examine the lead-up, night of and fall out from the €440 billion September 2008 Bank Guarantee.

Under its plans, as part of the Context Phase, initial preparation work including technical briefings are to commence in October with the first hearings to commence in December.

Then in the New Year, the inquiry Phase will commence hearings on April 13 and conclude on September 24, with a proposed 42 days of hearings.

The inquiry committee aims to publish its final report no later than November 30 2015.

Online Editors