Saturday 20 January 2018

So, which one of these will we have first: the IBRC inquiry report or a general election?

John Downing

John Downing

'It will be over by Christmas." No. That was not what Finance Minister Michael Noonan said when he cited a December deadline for completion of the new Commission of Inquiry to examine IBRC bank's transactions with Denis O'Brien and some other major business players.

Mr Noonan's 40-plus years in public life tell him that speed and official inquiries do not often coincide.

In saying that, we are not even going to consider the Flood / Mahon Tribunal which ran from 1997 to 2012. Nor the Moriarty Tribunal of 1997 to 2011. This is the new improved model known as a commission of inquiry, set up by legislation in 2004.

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