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Banking Sector Investigations

Dáil Éireann Debate, Tuesday - 11 June 2013

Tuesday, 11 June 2013

Questions (189)

James Bannon

Question:

189. Deputy James Bannon asked the Minister for Finance if he will immediately establish an independent body to investigate the full circumstances of the banking collapse and bring those responsible to justice. [27524/13]

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Written answers

The Deputy will be aware that my colleague, the Minister for Public Expenditure and Reform, indicated that he supported the objective of holding a legally robust, parliamentary banking inquiry when he announced last month the publication of his Department’s ‘Houses of the Oireachtas (Inquiries, Privileges and Procedures) Bill 2013’. While I understand the primary purpose of this Bill is to create a legislative framework for Oireachtas inquiries generally, it would be of direct practical assistance in facilitating a banking inquiry in accordance with a decision of the Houses of the Oireachtas in this regard. As this is a matter for the Houses of the Oireachtas themselves to determine however, it is not within my remit to take the action requested by the Deputy.

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