Sunday 25 February 2018

John Drennan: Interests of FF tribe are Cowen's priority

This 'odd little trio' of inquiries into the banks is all about saving Cowen and FF, writes John Drennan

John Drennan

John Drennan

Enda Kenny may have talked of "secretive concoctions", but, in fairness, when it came to the strange troika of banking inquiries that our Government unveiled last week, Brian Lenihan was actually entirely honest about the job they are intended to do.

As the Opposition expressed shock at the proposal to exclude the €440bn guarantee of September 2008 and the lies the banks told about their solvency from the investigation, the Finance Minister blithely claimed, "These inquiries are not being established to investigate the present Government's response to the crisis."

In that moment, despite all the fancy legal terminology and the new-found concern about the taxpayer, it was clear the investigative farce of the three great "now you see it, now you don't" inquiries was all about saving Taoiseach Cowen and Fianna Fail.

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