Monday 23 April 2018

Hugh O'Flaherty: We'll have to get over banks fiasco – and a speedy tribunal will help

An investigation into the banking crisis does not have to last for years and cost many millions of euro

Hugh O'Flaherty
Hugh O'Flaherty

Hugh O'Flaherty

In the United States Supreme Court, in the case of Bush v Gore, a vote of five-to-four terminated the election of 2000 and is credited with handing the presidency to George W Bush. Legal experts do not think it was the court's finest hour. Often when he has been questioned about it, Justice Scalia, one of the majority, has said: "Get over it."

The Irish people will have to get over the banking debacle, but they are rightly demanding to be better-informed as to how we were brought to this pass. The revelations in the Anglo Tapes, as published in this newspaper, will have attenuated the stress they feel.

The Abbeylara decision of our Supreme Court has been held up as the reason why a full inquiry cannot be held by the Houses of the Oireachtas. So it is important to recall what exactly the case decided.

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