Saturday 18 November 2017

John Drennan: Inquiry into bank crisis backed by top lawyer

Dail Public Accounts Committee told it can follow the money trail

John Drennan

John Drennan

Legal advice secured by the Dail Public Accounts Committee (PAC) has indicated that the PAC will be able to hold a full inquiry into Ireland's banking crisis.

The Sunday Independent has learnt that the PAC met in private session to study a legal opinion commissioned from the senior counsel, Michael Cush, on the viability of a PAC inquiry into the banks.

Mr Cush, who has acted for high-profile clients such as the Quinn family, is believed to have told the PAC that "a comprehensive inquiry'', if its terms of reference are "carefully crafted, is viable''.

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