THE Government’s choice of banking inquiry isn’t sexy but it is sensible.
The independent, statutory commission of investigation will ensure that we get to the facts in an effective, speedy and cost-efficient way.
There’s no doubt a public parliamentary inquiry would have made for riveting viewing. However, it would inevitably have descended into farce and point-scoring.
In the midst of all the misinformation bandied around, it is easy to forget that the most significant elements of the inquiry - namely the two preliminary reports and the commission’s report - will be published and subjected to public scrutiny.
Cleary, the chosen model of inquiry combines the best of all options.
Ashford, Co Wicklow