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Dublin: 8 °C Tuesday 25 November, 2014

“Hurry up with the banking inquiry”, Sinn Féin tells Taoiseach

The government is gearing up to hold the long-awaited banking inquiry in the autumn – but the terms of reference have still not yet been made clear.

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SINN FÉIN HAS written to Taoiseach Enda Kenny urging him to lay out his plans for the long-awaited banking inquiry this week.

The party’s finance spokesperson Pearse Doherty called on the government parties to make it clear exactly what powers the inquiry will have – and exactly what it is going to be investigating.

“The time has come for the government to invite all parties to sit down and hammer out the terms of reference for the inquiry,” said Doherty.

The forthcoming banking inquiry is expected to begin investigating in the autumn into the catastrophic collapse of large parts of Ireland’s banking system. The Dáil passed the legislation needed to allow for the inquiry before it broke for the summer in July, but the terms of reference have yet to be made clear.

Doherty pointed to the emergence of the Anglo Tapes as indicative of the type of information which could come to light in the inquiry.

“There are many current and former members of the Dail who have more information than they have disclosed regarding the events around the banking inquiry,” said Doherty. “All such information needs to be put in the public domain”.

For these reasons I have today written to An Taoiseach urging him to proceed without delay in calling the parties together so we can move forward on this inquiry which the public are not prepared to see kicked into the long grass.

Brendan Howlin said at the start of the summer that his Department – Public Expenditure and Reform – has been working on drafting the new laws needed to hold in inquiry for some time to ensure that it is robust and comprehensive.

Poll: Do you have confidence in the planned banking inquiry? >

Read: ‘Anglo tapes show need for banking inquiry’ –  man who wants to run inquiry >

Read: ‘Some bankers and civil servants don’t want banking inquiry’ – McGuinness >

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